How homebuyers lose 10% of wealth at the closing?

January 30, 2023

James J. Hammond
CEO, EquiFund Mortgage

Licensed Loan Originator NMLS# 190210, 22 years mortgage lending, and management.

| January 30, 2023

How Most Homebuyers are losing 10% of wealth at closing and how to stop it from happening to you.

 

Did you know that most homebuyers are losing 10% of their wealth at closing?

Yes, it is absolutely true and we will show you how to stop this from happening to you.

On a $ 450,000.00 home, that is $ 45,000.00 lost on day one at closing. 

 

So how does this 10% loss happen when buying a home?

 

The problem is that most homebuyers do not know that mathematical difference in purchase price between an “OK” rate loan offer and the best loan offer in the market.

Sounds confusing, but we will explain.

On average, there is a 1% lower interest rate loan offer without any extra rate buy down points, that most homebuyers cannot find.

This extra 1% lower interest rate, creates a 10% on average surplus of lost purchasing power.

You can purchase 10% more home, for the same monthly payment that an “Ok” rate mortgage loan offers you. 

Do you want to pocket 10% of the purchase price on your next home? We are going to show you how.

 

So why does this happen?

 

The main problem is locating this lowest rate and fee mortgage loan from the thousands of loan programs and all the lenders in the marketplace.

Real estate agents know this, and will refer you to an “OK” rate lender, because it USE to be almost impossible to find this loan.

Think about how you shop for an airline ticket, but now your shopping for the best loan in market with the same ease. 

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I mean your home is probably your largest investment and mortgage largest debt, right?

Do you agree that shopping for a mortgage should be handled with at least the same care as shopping for an airline ticket?

 

How to pocket 10% off the price of a home by using an Online Mortgage Pre-Approval Marketplace?

 

What is an online mortgage pre approval marketplace?

 

In less than 3 minutes, with or without a credit inquiry, an online mortgage pre-approval marketplace identifies the lowest rate and fee mortgage loan from the Nation’s best lenders, all in one place.

The real game-changer is the automation that this marketplace uses to return a mortgage loan with a 1% lower interest rate compared to traditional lenders and banks. Remember, that 1% lower rate is equal to about 10% of the price of the home you’re buying.

Imagine what you could do with an extra 10% of cash in your pocket.

With the power of an online mortgage pre-approval marketplace, you can unlock your full purchasing power and secure your dream home for less.

Cut Costs, Not Corners with an Online Mortgage Pre-Approval Marketplace

 

An online mortgage pre-approval marketplace isn't just about saving you money, it's also about making the process more efficient.

You can complete the entire process from the comfort of your own home, without the need for multiple credit pulls or endless phone calls loan shopping.

 

Does the online mortgage pre approval marketplace close and fund loans?

 

Yes, the marketplace is contracted with multiple lenders and can close your loan request within 30 days or less with the lender that offers the lowest interest rate.

We do not sell or share your information.

See Lowest Lender Rates

Identify Lowest Rate Loans – and do it all online. You can get real, customized Loan Offers matched to your profile.

See Offers

The problem with traditional mortgage shopping or Real Estate Agent referrals?

 

Real estate agents may recommend their preferred lenders, but these lenders most often do not offer the best lending terms.

Self-searching truly requires contacting multiple mortgage lenders and submitting several loan applications. It is like calling up each airline after being on hold, and providing travel dates and destinations over and over. The amount of time required is most likely beyond our reach.

Shopping for loans online, if you have not already, you will soon realize that the teaser rate loan offers are more often a bait and switch and ultimately yield very little savings.

 

Automated Online Mortgage Pre Approval Marketplace Lending

 

An online mortgage pre-approval marketplace is the ultimate tool for homebuyers looking to save money, streamline the process, and make informed decisions.

It's a convenient and efficient way to access the best mortgage options, without the hassle of traditional methods.

By using an online mortgage pre-approval marketplace, you can unlock your full purchasing power, save thousands of dollars and secure your dream home for less.

Don't wait, take advantage of the power of an online mortgage pre-approval marketplace today and see the difference it can make in your homebuying journey!

James J. Hammond
CEO, EquiFund Mortgage

Licensed Loan Originator NMLS# 190210, 22 years mortgage lending, and management.

| January 30, 2023

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