Page 12 - KevinBriertonCaliber

FAQs While You Shop
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What percentage of loans you take close on time?
Verify and Validate: A competent loan officer should be able to show you a report to verify their numbers.
Can you provide the name of 5 buyers I can contact who have used you in the last 30 days?
Do their customers speak highly of them and would they refer them?
If it sounds too good to be true it probably is.
Money for mortgages are all coming from basically the same place and no bank or broker has a monopoly on the best rates. What is really going on? Are they charging extra points (costs) or are they adding a prepayment penalty? Do the have the systems in place to close on time smoothly?
Rates change often.
Rates can change daily and often times multiple times a day. To compare apples to apples you must compare on the exact same time, exact same date and with the exact same terms. Plus you need to ensure your lender is locking the loan rate in through your closing date.
Educate - Inform - Empower