How to shop for a home loan in this economic environment
3 must-do items when shopping for a home loan in today's market. There is some hard-core survival mode stuff going on and a lot of Loan Officers and banks are amazingly unprepared for this environment.
#1 - Ask for receipts. Get copies of the bond market chart and entire rate sheet on the day you are quoted
#2 - Ask for the rate that requires you pay NO FEES AT ALL.
#3 - Make sure you get everything in "written" form. Text or email. Not a phone call. Have something you can show them later. Not because you will, but so they know that you might if they mess around!
If you know someone looking to BUY a home in San Diego, Refinance or SELL a home in San Diego, tell them to give me a shout! I’ll make you look good! :)
Derrick Evens, VA Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
Links from the rest of today's video:
https://www.cnbc.com/2022/02/14/buffetts-berkshire-bought-activision-stock-before-microsoft-deal.html
https://www.cnbc.com/2022/02/14/bullard-say-the-fed-needs-to-front-load-tightening-because-inflation-is-possibly-accelerating.html
https://www.cnbc.com/2022/02/14/texas-sues-facebook-parent-meta-over-facial-recognition-privacy.html
https://www.cnbc.com/2022/02/14/where-to-keep-your-cash-amid-high-inflation-and-rising-interest-rates.html
https://www.cnbc.com/2022/02/14/heres-the-outlook-for-bitcoin-as-geopolitical-tensions-heat-up-and-interest-rates-rise.html
https://www.cnbc.com/2022/02/11/goldman-sachs-now-predicts-seven-interest-rate-hikes-by-the-fed-this-year-.html
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