Are builder incentives for home loans a good deal?
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Video Description:
Building your dream home is incredibly exciting, and it's easy to get caught up in all the extra incentives your builder might be offering . . . if you use their preferred lender.
And while incentives are fun and exciting, going with a builder's preferred lender isn't always the best deal. If you don't shop around your mortgage, you could end up with a higher interest rate that can cost you thousands down the road.
Luckily, there's a pretty easy way to prevent that from happening. We talk about it a lot, but shopping around for your home loan is the ONLY way to make sure you're getting the best deal. Once you can get the "preferred" lender competing for your business, they're more likely to give you a competitive rate. If you want tips on HOW to shop around, make sure to check out this video: • Video .
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DISCLAIMER: Eric is not a licensed loan officer. All advice given is for informational purposes only. For more detailed information, please call in and ask to speak with a licensed mortgage loan originator. This video is not applicable to borrowers in the State of Washington.
This video is not intended for residents or homeowners in the states of NY or MA.
