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Mortgage-Helper.com | |
| Your only unbiased source for mortgage and credit information. I don't take applications or "harvest leads." I help people of all credit types avoid ripoffs and save money - since 1999. -- Carolyn Warren |
|
Mortgage-Helper.com | |
| Your only unbiased source for mortgage and credit information. I don't take applications or "harvest leads." I help people of all credit types avoid ripoffs and save money - since 1999. -- Carolyn Warren |
Before you dash out, full speed ahead, to preview homes and apply for a mortgage, take a few minutes to read this entire article, because with planning, you will save yourself costly errors. Don't make a decision you will later regret! With professional insight, you can buy a home with confidence, have a pleasant experience doing so, and save enough money to buy new furniture.
In just a moment, I'm going to tell you about some common tricks mortgage people play in order to pocket bigger commissions-- at your expense!
But first...
Should You Buy a House Now or Wait?
It could make sense for you to buy a home now, even before you have money saved, in order to take advantage of tax deductions and to secure a home before the prices go even higher. (Prices are still rising, and so are interest rates.) By taking the right loan and finding the right price, you may be able get a home for no more than you're paying to rent!
Furthermore, with the right strategy, it's possible to get into a house for just the price of an appraisal (about $400)!
How To Buy a House with No Money Down“The Twelve Steps To Buying a Home”
Choices You Should Be Offered
A house is a major investment-one you will be living with for a long time. You should be offered choices.
Never let a loan officer choose your loan for you! If you do, they're likely to pick the one that gives them the most commission, not necessarily the one that is best for you.
Important considerations for you:
WARNING: Taking the wrong program could cost you thousands of dollars over the years! Therefore, do not rush in before you understand what you're doing.
Self-Employed People Need a Strategy
If you're like most self-employed people, you take advantage of all your legal tax deductions. That used to make it hard to qualify for a mortgage. But now, you have options:
There are pluses and minuses to each, so it is important to be informed. This is easy with the help of a simple chart.
HEADS UP!
Tricks Mortgage People Play to Take Advantage
There are many tricks loan officers can play to pocket extra money-at your expense. I'm not talking about the illegal scams-that's another article altogether.
Laughing Behind Your Back!
If you don't want to walk out of the signing room just to have the loan officers high-fiving each other behind your back for the extra big fat commission they made off of you, then you'd better pay close attention to what I'm about to tell you now.
Because the "Refinance Boom" is over (it ended October 2003), loan officers are hungrier than ever for business. One recent article sent out to thousands of mortgage professionals across the nation exhorted loan officers to try to make a higher percentage on each individual loan.
"Make the same amount of money with fewer loans," the article said, by charging more per loan.
I ask you, Is this fair, or this greed? You must not be lazy about skipping over your responsibility to learn about the home loan business.
Liars
Not long ago, I heard a radio ad that offered a "secret loan" that the banks didn't want the public to know about. (Supposedly, it was a loan that the banks could lose money on, so they didn't want you to find out about it, but this one company was offering it for a limited time.)
Disgusted, I called the mortgage company behind this ad and called them on their lie. "All the banks and mortgage companies have this loan, and everyone makes money on it," I said.
Want to know what the manager told me? "I know it's not true, but as a marketing technique, it works," he said. Shocked?
Some of the nicest, most amiable, most charming loan officers are also some of the biggest rip-off artists. And some of them work for large reputable companies! So don't automatically assume these warnings don't apply to you because your loan officer is nice and represents a national institution. Greedy loan sharks lurk in all the lending waters.
That's why I have to recommend to you that if you're interested in buying your own home-either now or in the future-whether you're a first time home buyer or not, that you get your copy of Best Strategies For Buying a Home. It's about 85 pages, and written in a style that anyone can understand.
You'll get clear advice on which loans are best for various situations. You'll be able to pick out your own scenario and see what is recommended for you.
You'll learn which fees are mandatory and which fees you can object to and have waived. (Keep more money in your own pocket so you can buy new furnishings!)
You'll get tips for avoiding home buyer's remorse.
It's like having a professional mentor guide you through the process. Sure, any loan officer will be happy to give you advice-but that advice is very, very biased. The loan officer's personal commission is based on how much profit is made on your loan.
"Carolyn saved us a lot of money. A big thank you!"
--Olga Buchanan, New homeowner
Smart Choices
You'll have your loan choices laid out clearly, with the pluses and minuses for each, so you can make a smart choice.
Sage Advice
And for your protection, there's a whole section on specific myths and scams. You'll also learn an insider trick for selecting a good, reputable mortgage broker. You'll find out that what most first-time home buyers say to the loan officer that is like holding up a sign that says, "Charge me more!"
Find out what questions to ask. Learn what not to say- equally important!
What Other Professionals Say...
"Carolyn's honesty and integrity are above reproach. Through this book, you can learn how to have a good home buying experience."
--Saundra White, Underwriter, 15+ years, Washington
"Priceless information. If you plan to buy a house, you need this."
--Rick Cashman, Banker, 15+ years, New York
"Anyone can pick this up and understand what they need to do to become a home owner. No matter what your situation is, Carolyn gives you an easy plan for buying a home in the quickest and best possible way."
--Rene Semones, Mortgage Manager, Texas
Best Strategies For Buying a Home is now available at a Discount. Previously, the hard copy sold for $14.95 plus $3 shipping. The hard copy has sold out. But now you can get the exact same information in the e-book for just $8.95. This saves you a total of $9, and you don't have to wait for the mail.
Why This Book is Unique
There are lots of books in stores about home buying, but they don't tell you all the inside information you'll get here. That's because the authors of those books are not in the mortgage business themselves, and this information is not within their scope of research.
Click Here To Get Your Copy Now
Carolyn Noel Warren has extensive experience in the mortgage business. She has worked for two of the largest national lenders closing loans all over the U.S. She worked for a finance company, and for a full-service broker, where she is currently employed. In addition, as a licensed notary public, she has signed loan papers for dozens of lending companies. Carolyn and her husband own a home in Washington state, where they live with Francie, a frisky Himalayan cat.
Order this extraordinary Special Report packed with information you need to know now. It comes with a no-risk, 100% unconditional money-back Guarantee. Click here to order
