Mortgage questions answered!

Today’s question, does it really matter what lender you work with?

Spoiler alert... OF COURSE IT DOES!!!

There are a few key questions that your loan officer should be asking! If they aren’t, you need a new lender!!

Always here to answer any questions you may have! Shoot me a message and 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

Mortgage questions answered! What are discount points and origination fees?

In our previous segment we talked about the 3 things on a loan estimate;

1. lender fees

2. title company fees

3. prepaid fees

This segment answers what are those origination/discount fees? And what makes them different from one mortgage loan officer to another?

Have more detailed questions? Reach out! Would love to hear from 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

Mortgage questions answered! Today, What am I looking for on the loan estimate when my lender sends me numbers? What makes one lender different from another?

Shopping for a mortgage can be stressful! Especially if you’re not quite sure what you’re looking at! The breakdown of what the numbers are and how they affect you are important!

Please reach out with additional questions, having the right numbers and the right lender make all the difference in the world! And of course check out other mortgage questions on my podcast! Just search Summer Garrett DFW Mortgage Lender wherever you get your podcast!

• • • • • #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!

Today, How soon is too soon to get pre-approved?

Know your numbers! Why it’s important to get a pre-approval early!

• • • • • #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!

Know your numbers! What does that mean? What numbers do I need to know? How do I find out? How can this affect me getting a mortgage?

The top numbers that lenders will need to review to determine your eligibility to purchase a new home!

Follow my other mortgage questions on my podcast “Summer Garrett DFW Mortgage Lender” on whatever platform you get your podcasts! And of course, ask your own mortgage questions! 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

Mortgage questions answered!

Today, does a lease payment on a car count against my DTI?

Knowing your numbers is key when qualifying for a mortgage. One of the biggest numbers that determines qualifying is your DTI, debt to income ratio!

Check out the latest video for details, and of course, message me your questions and the next video can be yours!

• • • • • #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! Today’s question, what is DTI?

Your debt to income calculation is crucial in qualifying for a mortgage loan! This is what sets the price range of the home that you are able to go shopping for! Sometimes known as your “affordability”.

Would love to hear more of your mortgage questions! Shoot me a message and 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

Answering commonly asked Mortgage questions! Today, what is needed for a pre-approval, submitting the application and the most important documents needed to get an accurate reflection of what you can qualify for with estimated monthly payment and closing cost!

Mortgage questions answered! Today we are talking about down payment assistance programs! Who can qualify for them? What are the restrictions? How much can you get? What are the interest rates? Listen in and let me know if you have questions or are looking for additional details!

And of course, if you have a mortgage related question, let me know! 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

Answering Mortgage questions! Today is Part 3 of how renovation loans work! What does the actual loan process look like? How do they know how to value the property? What role does the homeowner play in making sure the contractor is paid?