Mortgage Tips

Our expertise is not in creating and packaging financing for our clients. However, from our 30+ years of experience in working on mortgages we know them better than even the most seasoned mortgage brokers. And we know them from all perspectives (being the buyer, representing a buyer, working with lenders).

So to keep this simple, here are the most important tips that the buyers closing escrows all understand:

• Do not talk to a loan officer or brokerage that has been in the business for a few years.
• Do not go with a commercial bank (BofA, Wells Fargo, etc). Always go with a mortgage broker.
  The reason is the bank can only give you what their bank is offering. A mortgage broker can give you what the bank is offering, as well as dozens of others. The more options you have the better chance of getting a great program.
• Do not go on the internet and shop by the lowest fees and lowest interest rate.
  The problem with this is that the company offering the “sounds to good to be true” rates tend to be those that can’t come through as they originally promised and they can’t close on a home (which means you may lose your deposit during escrow).
• Like tax law, there are loop holes and you need a team that undersatnds the financing to know how to make things happen (especially if they are falling apart during your escrow).

How the smartest buyers handle finding a mortgage

They don’t! Instead they focus on finding the right agents that have the best connections with the top mortgage brokers in the area.

When you work with us, we will connect you to these brokers. The brokers we work with have been there with us for years and have proven they understand how to both get their buyers a great loan program and most importantly, get escrows closed.