Mortgage broker vs retail lender?!

I have been a mortgage broker for 18 years. Book a call with me to chat about your scenario, needs and timeframe. Currently licensed for purchase and refinance in: California, Texas, Tennessee, Georgia, Florida, Colorado and Louisiana. I highly recommend using an independent mortgage broker like myself-especially one that uses UWM. Companies that are direct lenders are overcharging in RATE and FEES on conventional AND especially FHA and Va loans. Examples of these direct lenders are Rocket Mortgage, Guaranteed Rate, Navy Federal, USAA, Country Club Mortgage, Kings Mortgage, Resource Lenders, Alameda Mortgage, Academy Mortgage - any lender that is NOT a wholesale independent mortgage broker.

We are also competitive on Jumbo and we also have conforming and high balance with second mortgage underwritten by the same underwriter at UWM. We use UWM 99% of the time because of smokin' low rates, Amazing communication from underwriters, processor assist and closing assist. Also, minimal conditions, 4 to 6 hour same day approvals, CD released on initial approval and more. We actually use Bombbomb videos to explain your loan options with a screenshare, SAME on pre-approvals so that the seller accepts YOUR offer and we use them to explain your disclosures as well as most updates.

Here are some examples of what I do with Bomb bomb videos.. MAJOR VALUE right here:

Example of Bombbomb Videos:

#1 I am explaining initial disclosures Sept 4, 2022 on a low Fico VA loan:
https://vid.us/abi4dq

#2 I am explaining pricing on the 2 - 1 buy down 30 year conventional loan on Sept 9. 2022:
https://vid.us/abi4dq

#3 I am giving an update to the all parties on an appraiser order July 7, 2022:
https://vid.us/cr7ftu

#4 One of my pre approval letters for a VA Jumbo loan in Sonoma County, CA on Aug 4, 2022 - Close date was October 4th and we actually closed it Aug 31, 2022
https://vid.us/6houfw

1. Book a Call With Me: https://calendly.com/justinkautz/15min or link in BIO

2. Apply Online: https://spotonlending.my1003app.com/913358/register or link in BIO

3. Call or Text Me: (559)679-5730

I ALSO believe that value is in providing options such as 3 rate options for the same product. What do I mean? For example, a fee sheet with a par 30 year fixed rate. Another fee sheet with a 1 point cost buy down. Another fee sheet with a 2 point cost buy down.

Real estate agents can act like fools(most of them)! They love to say, use MY local lender because they have in-house underwriting.. Thee agents are conditioned by the lenders to say this, in order to sell inflated interest rates and to combat competition - Period..

These agents are drinking the KOOL AID! It is almost as bad as Charles Manson's Kool Aid that had cyanide!!

Wholesale mortgage lenders were almost snuffed out of business after 2008.. I remember agents saying, you do not want to be a mortgage broker..

Well things have changed. Wholesale lenders have stepped up their game and are leading the way.

With interest rates rising in 2022, most retail loan officers who worked at retail lenders such as Guaranteed Rate, Caliber, Loan Depot, and smaller local lenders like Southwest Funding and Trinity Oaks in DFW Texas, Academy Mortgage, Lending Concepts, Resource Lenders and Alameda Mortgage in Fresno, CA, Kings Mortgage, Country Club Mortgage and American Pacific Mortgage ARE moving to the wholesale broker side because their margins were WAY too high.. That means that the margins that were built in to pay EVERYONE's salaries and their mortgages and Bentley leases in Pebble Beach were DRIVING the interest rates up to where they can not compete!

We have the best technology that integrates with our lenders, extremely fast turn times - such as same day underwriting and Closing Disclosures sent as soon as your loan is approved for the first time.. Underwriters that are trained in masses, so that our businesses can grow and scale massively.

Justin Kautz
The Justin Kautz Mortgage Team
NMLS: 913358
Call or Text: (559) 679-5730
jk@justinkautz.com
3242 E Coast Hwy
Corona Del Mar, CA 92625

#rocketmortgage #uwm #loandepot #veteransunited #guaranteedrate #better #quickenloans #coldwellbankergloballuxury #compass #kellerwilliamsrealty #bhgre #bloom #century21 #realbroker #divorcedwoman #divorce #berkshirehathaway #anaheimangels #dallascowboys