TIP: Shopping for mortgage rates matters!
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Video Description:
When it comes to getting the best possible mortgage, our biggest, most important tip is pretty simple, and we say it all the time: SHOP AROUND!
Don't just go with the first lender you talk to—even if they're recommended by a family or friend. Make sure you're talking to at least one or two others. Just doing this one, simple thing can save you THOUSANDS in interest.
It also means you could get a lower monthly payment. Long- AND short-term savings? Yes please! And with all those savings, you could potentially afford to buy a bigger, and better, house without even needing to get a higher-paying job. (Unrelated sidenote: Please don't switch jobs before you close!) If you're wondering how this works, just watch the video. We break it down Barney style.
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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.
