David SidoniFirst-time home buyer advocate, podcast host, and real estate pro helping renters become owners with real talk and no BS

Shopping for home mortgage interest rates can be deceiving!

Name: Shopping for home mortgage interest rates can be deceiving!
Uploaded: 2024-06-17T20:11:16+00:00
Duration: 42 s
Channel: David Sidoni
Description: Short YouTube video by David Sidoni advising first-time home buyers to prioritize lender service, track record, and referrals over the lowest advertised…

17 Jun 2024 · 1 min

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0:42

Short YouTube video by David Sidoni advising first-time home buyers to prioritize lender service, track record, and referrals over the lowest advertised interest rate because some lenders may leave the business. The clip warns that a low rate from an inexperienced or transient lender may not be deliverable at purchase time.

Chapters

Don't shop interest rates do not shop interest rate don't do it. Shop service not interest rates. This is why my name is David. I'm not here to sell anything. I educate first time home buyers on the process. The headline right here tells you all you need to know. Lenders are bailing on helping people get a home loan. So what does this mean for you? It means that when you're shopping for a home loan, if the guy you're talking to today has the best interest rate but not a good track record, he could be leaving the business next week. Shop track record Shop testimonials. Shop referrals. Shop time in the business. Someone might be selling you a great interest rate that they can't deliver on because who knows, they could quit before the time you buy a house.