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First-Time Homebuyers: How to Compare Lenders Rates and Fees RIGHT (REAL Fees VS DISTORTED Fees)

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Jennifer Beeston

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Licensing info: Jennifer Beeston, SVP Mortgage Lending NMLS 247743 at Guaranteed Rate, Inc. NMLS 2611 Branch Address: 1750 N University Drive, Coral Springs, Florida, 33071 Equal Housing Lender
For licensing, go to www.nmlsconsumeraccess.org
Top 1% in the nation 20162022 www.zerostressmortgage.com
NMLS 247743 Guaranteed Rate NMLS 2611
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My State License Numbers:
AK AK247743, AL 72998, AR Licensed, AZ 1007541, CA CADOC247743, CO 100516570, CT LO247743, DC MLO247743, DE MLO247743, FL LO66900, GA 70357, HI HI247743, IA 33839, ID MLO2080247743, IL 031.0054184, IN 41478, KS LO.0039219, KY MC717200, LA Licensed, MA MLO247743, ME Licensed, MI 247743, MN MNMLO247743, MO MO247743, MS247743, MT 247743, NC I189119, ND NDMLO247743, NH Licensed, NM Licensed, NV 66544, NY Licensed, OH MLOOH.247743, OK MLO20600, OR 247743, PA247743, SC MLO 247743, SD MLO.08498, TN 205478, TX Licensed, VA MLO40552VA, VT VT247743, WA MLO247743, WI 247743, WV LO247743, WY – 8203

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and for more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action. Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency.

Timestamps:
0:00 Watch To The End (Trust Me)
0:55 What Lender's Control
1:10 An Example of the Trick
1:45 They Withhold and Misrepresent Fees
2:50 Pricing Way Lower Than Reality
3:18 We Don't KNOW Your Title Fee
3:50 Why I Don't Do Tihs
4:37 Rebate Tax Bill
5:40 More Deceitful Costs
7:00 Lenders ONLY CONTROL Interest Rates, Origination Charges, Discount Points, Processing, Underwriting, and Originating
7:15 Lenders DO NOT CONTROL Title & Escrow, Fees of Attorneys, Taxes & Insurance, and Homeowners Insurance.
7:50 Watch Out For These Red Flags (Especially Florida)
8:28 They Do It To Deceive You
9:00 Always Ask For A Breakdown!!
9:30 Interest Rates Change Everyday Unless You're Locked
9:45 Good Habits to Compare and Get The Best Price.

Hashtags:
#mortgagelender #firsttimehomebuyer #vahomebuying #comparinglenders

posted by dyfynnufn