In this brief advisory video, the speaker cautions prospective homebuyers against relying on mortgage numbers provided by online lenders or calculators. He emphasizes that online platforms often produce wildly different estimates compared to local, trusted lenders, and that the choice of lender can lead to a staggering financial difference. Viewers are urged to consult their local realtor to learn about reputable local lenders rather than depending on generic online tools.
you really should be talking to a lender because if there's anything that a realtor knows, it's that if you get a mortgage number from an online lender, and I'm not naming any names, y'all can think of your own names, just don't say it in the comments, it might be ugly, but those companies give wildly different numbers than you get from one of my local trusted lenders. I mean, the numbers are all over the place. Chat's probably not gonna know the difference in what a, locally owned bank can do versus a national online lender. So maybe people can get a ballpark there, but if you're buying a house and you happen to stumble up onto this video, please ask your local realtor who their local lender is, because y'all, it makes a staggering amount of financial difference. So maybe people can get a ballpark there, but if you're buying a house and you happen to stumble up onto this video, Please ask your local realtor who their local lender is, because y'all, it makes a staggering amount of financial difference.
