Summer Garrett DFW Mortgage Lender

During this COVID-19 epidemic we are having, there are lots of changes in the Mortgage Market. One of which is offering forbearance to those who need help skipping mortgage payments while they are having struggles with employment. These payments do not just get added to the end of your note! It’s extremely important that you understand how the process works and how it will affect you in the next 3 to 4 months!

Mortgage Questions Answered is back!!

Season 3 starts off with 3 common down payment myths!

Excited to hear from you guys!!

Reach out with questions you have and the next message could be just for YOU!

You can also follow me on Facebook and Insta @summerg_dallas

Mortgage questions answered!

What is an ARM?

Adjustable rate mortgages get a bad rep!! What’s it REALLY all about? Will it work for you?

Call me to find out!!!

• • • • • #mortgage #realestate #renovationloans #properties #HomeSale #realty #housing #househunting #CreditScore #mortgagebroker #broker #renovated #loan #homesforsale #newhome #milliondollarlisting #realtor #property #investment #realestateagent #invest #dreamhome #dallas #texas #homesforsaleindallas #oakcliff #bishopartsdistrict #summerg #summerstrolls

What’s the difference between a pre-qualification (aka “pre-qual”) and a pre-Approval?

It’s a huge difference! And it can affect securing the contract on a home!!

• • • • • #mortgage #realestate #renovationloans #properties #HomeSale #realty #housing #househunting #CreditScore #mortgagebroker #broker #renovated #loan #homesforsale #newhome #milliondollarlisting #realtor #property #investment #realestateagent #invest #dreamhome #dallas #texas #homesforsaleindallas #oakcliff #bishopartsdistrict #summerg #summerstrolls

What does escrow mean?

Are you “IN” escrow? My taxes and insurance “ARE” escrowed? What the heck does it all mean!?

Loving the questions coming in! Please send more!!

• • • • • #mortgage #realestate #renovationloans #properties #HomeSale #realty #housing #househunting #CreditScore #mortgagebroker #broker #renovated #loan #homesforsale #newhome #milliondollarlisting #realtor #property #investment #realestateagent #invest #dreamhome #dallas #texas #homesforsaleindallas #oakcliff #bishopartsdistrict #summerg #summerstrolls

What is APR? Why does it look like an interest rate? Is this what my payment is based on? Why is it different than the rate I was quoted?

Breaking it down in terms we can ACTUALLY understand!!!

• • • • • #mortgage #realestate #renovationloans #properties #HomeSale #realty #housing #househunting #CreditScore #mortgagebroker #broker #renovated #loan #homesforsale #newhome #milliondollarlisting #realtor #property #investment #realestateagent #invest #dreamhome #dallas #texas #homesforsaleindallas #oakcliff #bishopartsdistrict #summerg #summerstrolls

Mortgage questions answered!

Part three of what happens after I go under contract! What does processing & underwriting mean?

Understanding what happens during the mortgage process will make things significantly less stressful! Having a lender who is GOOD at these things is even more critical!



You can have the best interest-rate in the world but if you have a terrible Loan Officer and they have a terrible operations staff behind them, the entire process could go down the drain! Closing could be delayed, you could be declined because of missed information, debt to income ratios are calculated incorrectly, TONS of things can go wrong if you’re not working with a professional!!! 

Of course I’m here to help with any of your mortgage needs, and please let me know if you have questions!! From anywhere in the country! I am happy to help!

• • • • • #mortgage #realestate #renovationloans #properties #HomeSale #realty #housing #househunting #CreditScore #mortgagebroker #broker #renovated #loan #homesforsale #newhome #milliondollarlisting #realtor #property #investment #realestateagent #invest #dreamhome #dallas #texas #homesforsaleindallas #oakcliff #bishopartsdistrict #summerg #summerstrolls

Part 2 of what happens after I go under contract?

Having good expectations of what happens next will help relieve a lot of the stress of the mortgage transaction! I’ll walk you through step-by-step!

Would love to hear from you! Please send any mortgage questions you have in the next video could be just for you!

• • • • • #mortgage #realestate #renovationloans #properties #HomeSale #realty #housing #househunting #CreditScore #mortgagebroker #broker #renovated #loan #homesforsale #newhome #milliondollarlisting #realtor #property #investment #realestateagent #invest #dreamhome #dallas #texas #homesforsaleindallas #oakcliff #bishopartsdistrict #summerg #summerstrolls

Part one of the homebuying process after you execute a contract to purchase a new home! What to expect from my real estate agent, my title company and my mortgage professional! Hashtag

Mortgage questions answered! How important is it for my lender to know my real estate agent?

Another spoiler alert, it’s SUPER important!! Your Lender and your Realtor work together with your Title company to get you to the finish line! not only getting you to closing but getting your contract negotiated from the very beginning!!

Love all the questions coming in! Keep em coming!!

• • • • • #mortgage #realestate #renovationloans #properties #HomeSale #realty #housing #househunting #CreditScore #mortgagebroker #broker #renovated #loan #homesforsale #newhome #milliondollarlisting #realtor #property #investment #realestateagent #invest #dreamhome #dallas #texas #homesforsaleindallas #oakcliff #bishopartsdistrict #summerg #summerstrolls