This is a YouTube video titled "One Thing I Wish ALL HomeBuyers Knew!" containing a monologue or presentation from June 5, 2025, discussing the nuances of mortgage pre-approvals and financing options, emphasizing that not all loans or pre-approvals are the same and highlighting potential savings for homebuyers. The content appears to be a single speaker explaining mortgage industry insights rather than a conversation.
One thing I wish people knew about the mortgage industry is that not all pre approvals and not all financing is the same. I've heard it countless times over the years where we have a first conversation with somebody and like, oh, I'm already pre approved, I'm good, I've already got the loan. That's not always the case. There's more and more companies these days, mortgage companies that will just spit out a pre approval without really looking at much. And you don't know what the numbers are always certainly they don't all look at things quite the same way and they don't all have the same variety of options. That's the big one. Some people think oh I've got a conventional or an FHA or a VA loan, that's all I need. I've talked to so many people that didn't even know some other creative options existed. They can, you know, plug in with that to get them really what they want. The actual customized financing and then the final piece is the rates and the cost are certainly not the same. Very wide variety. Just like any industry, there's different prices for different goods and services. The same thing exists in the mortgage world, except it's a high ticket item. It's not just a couple bucks, it's thousands or on average that it's. We saved $10,000 over the course of a loan compared to the average bank or lender that's by lower rate and lower fees. So that's a substant savings for people. And sometimes people don't realize that savings there but if they do an apples to apples comparison we can point it out and actually show that on average people could save over $10,000. Financing is not all the same. The pre approval is not all the same. So get your options. We are built to shop and help people find their best home loan.
