Get A 2nd Opinion
Imagine going to the doctor for pain in your shoulder and you find out you have to have surgery and the procedure will be pretty extensive! Most people just won’t take the doctor’s word any more. They seek out another doctor for a 2nd opinion.
That’s the way it should be with a mortgage too! If you’ve been pre-approved or pre-qualified for a mortgage on a home, are you sure you’re getting the best deal?
We’re not talking about interest rates here!
We’re talking about the structure of the loan! In Donald Trump’s book called The Art of the Deal, he said, “The price that you pay is the least of your worries in a transaction. It’s how the deal is structured is what matters most.” You could have been quoted a wonderful interest rate, but if your finances aren’t in order, the best interest rate – could be absolutely the worst loan for you.
We’re not saying that interest rates are NOT important – they are! But, here’s some things you need to consider and why you need a 2nd opinion from Lend Plus:
• Should you pay off your credit cards but have less cash towards a down payment?
• Does it make sense to pay points?
• Will a no cost loan be your best option?
• Will an adjustable rate or a fixed rate be better for you?
• Did you receive a loan comparison worksheet?
• Did your mortgage banker show you how to shave off time and money on your mortgage?
If you didn’t receive any of these or if you still need clarification then contact Lend Plus TODAY to speak with a mortgage banker.
It doesn’t hurt to see if your mortgage has been structured correctly. You have everything to gain and nothing to lose. In fact, the Consumer Financial Protection Bureau encourages getting a 2nd opinion by allowing you to have your credit ran without any additional penalty on your credit score.
You can simply walk away knowing that your lender has done a good job for you. Or, you will find out that they haven’t. Either way, you win.