Brutal Truth: Is your Mortgage Lender Working AGAINST YOU? Spot the Signs Now
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- čas přidán 14. 06. 2023
- #jenniferbeeston #realestate #mortgage
Time to get real again. I go through a lot of situations and psychology on this one but it is critical you know what is happening behind the scenes. This is worth a watch as it can save you money and a lot of pain.
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I’m literally dealing with that now. I literally had to back out of a deal because I did the numbers and it was just wayyyy to much. My lender was awesome and gave me pointers but my real estate agent was the total opposite! It makes me never want to buy a home again but I ended up finding something else. I really can’t wait to be done with this process.
Thanks Jen for the work you are doing to educate people like me!
Happy to help!
I am a lender and I completely agree with you !! I have worked with realtors exactly like you state. I advise my clients regardless of what the realtors state. I work for my clients!
👏👏👏
Yeah we had a realtor like that and the lender was like you need this house.. I want a one floor plan.
Yeah, it boggles my mind that this happens so frequently which is why I’m constantly doing videos on it.
Another GREAT video, B.!
I wish you could record those conversation!😆
Thank you. Me too! Some of them are just beyond dumb
I absolutely love this video! I love the brutal truths, but I also love that you look at all aspects of a real estate deal! Something you don’t pay attention to like your real estate agent.
Appreciate you!
I respect not getting blind sided... Good info is good. Never FOMO
Great information Jennifer but I have to admit I got lost in those green eyes.
I've never had a lender have any interest in the houses I'm looking at or buying. They just are interested in my income, credit and making sure I don't buy anything before the house closes. Now real estate agents have pressured me to buy with a quick inspection and brush off the thousands of dollars in upgrades the house needs before we can move in.
You should go with Jen B then
Your telling the truth, so it's inevitable people will get pissed off.
Yes people really dislike the truth especially when it exposes their nonsense
Getting a mortgage is shadier than used car lots nowadays. Bunch of bottom feeders in the real estate industry
It’s been like that for decades and I agree so much shady sh$t
Impressive impressions.
Thank you. I really have been working on it
Storytime is great!! You could make a whole new channel
Thank you. I may lol
Thank you for the informative video. I am currently in the market to buy and I've applied and gotten approved for a home loan. I spoke with my real estate agent about the property I am interested in and after she spoke with the seller she found out that the manufactured home is not on permanent foundation so she then explained to me that the lender won't approve the loan. Are there other options I can take? Different types of lenders? 😢 thank u again for your time and help.
We would need it on a perm foundation as well
@rpm4316 no it's is on 2.5 acres of land. I looked it up online and I can either go with 21st mortgage or a local bank n_n thank you for your help! Have a great lofe
What are aspects that make lenders bad?
Lack of knowledge. There’s not training for lenders industry wide in any shape or form. So there’s lots of people that get their license and suddenly their lenders, but they don’t know guidelines or how to structure a loan. The other thing to watch out for is dishonest people trying to rip you off. Whenever you’re dealing with money, you’re always going to have good and bad. Really with anything you’re always going to have good or bad. I would be looking for a lender with a ton of experience and lots of reviews so that you can verify how other people have Experienced the process with them. Anything else is a gamble. Personally, I do not gamble with my wallet. Also, just because a real estate agent recommends them does not mean they are good or that they have any experience. I have lots of videos on that.