How To Shop For A Mortgage And WIN

Описание: Shopping for a mortgage loan the right way can save you tens of thousands of dollars! Here's everyone you need to know to make sure you get the right mortgage.

— GET STARTED —
🏠 Connect with a helpful LENDER in your state → https://www.winthehouseyoulove.com/le...
🏠 Connect with a helpful AGENT in your city → https://www.winthehouseyoulove.com/agent

— HELPFUL TOOLS —
✅  Max Purchase Price Calculator → https://www.winthehouseyoulove.com/ma...
✅  Lowest Cost Loan Calculator → https://www.winthehouseyoulove.com/lo...
✅  Home Buying Planner →
✅  Today’s Interest Rates → https://www.winthehouseyoulove.com/to...
✅  Step-By-Step Home Buying Timeline → https://www.winthehouseyoulove.com/ti...
✅  Student Loan Savings Calculator → https://www.winthehouseyoulove.com/st...


0:00 What you'll learn
0:43 Timing
1:52 CalmMoment
3:01 How to shop
8:47 Most people won't show you this
9:53 Who to shop with
10:43 Sponsor
11:18 Doing a full application
12:48 Find the average rate in 60 seconds

Hey, Kyle, here winthehouseyoulove.com. Today we're talking about how to shop for a mortgage and when, so this step if you do it correctly, can save you literally tens of thousands of dollars over a period of the term of your loan when you're shopping for a mortgage. So what you're going to learn in this video is how to find the cheapest loan option, which is not always easy.
But also when to shop, you'll also learn a comparison tool that literally, I hear nobody talk about, but it's free and it's given to every single buyer, but most of them don't even know how to interpret it. And then number four, the three types of lenders that you can shop with. All right. So we're going to make this easy, breaking this down step-by-step. First let's talk about the timing. So the first thing that you need to know is you have a 45 day window to get your credit checked as many times as you'd like, and it only counts as one inquiry. Okay. So you have an entire 45 days and everything counts as one inquiry. Okay. So this means you can shop with as many lenders as you would like as long as it's the same types of same type of mortgage inquiry.
You're fine. You can't do a mortgage and a car and a credit card. Those are three different, but if it's multiple mortgage inquiries, it only counts as one. Okay. And one inquiry is only going to affect your score by anywhere from zero to five points. It's not going to have this huge impact. All right. So.
What I would suggest is you start shopping about two weeks before you're ready to go shop for a home. And the reason why is you want to have some time to digest these numbers. You want to have some time to be able to think them over. If you get approved and immediately go into home shopping, you can move just based off of emotion and maybe not based entirely off of the information that you have.
Sometimes it's good to get the information, get prepared and then take a step back. So that leads us into our CalmMoment here. See, when you're starting to shop for mortgages, you're about to start a cycle of getting into the real estate world and things move quickly, and it can be very overwhelming. And you're going to be talking to salespeople who want you to move a lot faster than you probably should.

LEGAL:
As an Amazon Associate, I earn a commission from qualifying purchases.
*Advertisement from Credible Operations, Inc. NMLS 1681276, not available in all states. Visit https://www.credible.com/a/state-lice... for important information about Credible’s licenses.
Credible pays Win The House You Love an advertising fee when you submit a pre-qualification request.
Kyle Seagraves
NMLS# 1701021
Motto Mortgage Alliance
8900 N. Dixie Dr.
Dayton, OH 45414
Equal Housing Opportunity