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The Lowest Mortgage Quote May Not Be the Best Option For You

Hello everyone, on today's blog we have Dan from Virteom, and one of Trust in Equity's own, Larry. We've been giving you guys this nice cool little mini video series if you haven't seen these videos - check out all the other videos. There's a lot of good stuff on how to refinance your mortgage and so on and so forth.

Is the lowest mortgage rate always the best value?

*below is a transcription of the video

Today we thought we'd have a little bit of fun and we're going to talk about what you should do if you’re looking for paint. If you go to your local hardware store and you're looking to buy paint and all that kind of stuff – what should they do? Larry what do you want them to do here.

A lot of times you hear these commercials about you know buy this paint, get this paint, it's the best brand out there…. It's like 90 dollars a gallon, right? Yeah. Just because it's the most expensive doesn't mean it's the best paint for you. Same thing could be said about mortgages just because the rates you're getting quoted is the lowest rate you're hearing may not be the best value for you.

How Do You Determine Mortgage Rates?

There's a lot of things that go behind the scenes into what a rate is, you need to get your options at something that we do. We try to give everyone two to three different rates to look at and see which one fits their scenario the best.

What if I Already Started Working with Another Lender?

Let's say I had already headed down this path with a different mortgage lender outside of Trust in Equity, but I haven't really pulled the trigger, could I come in to you guys and say this is where I'm at? Would you guys be able to pick it up and say this is good or this is bad?

Sure, yeah - Trust in Equity:

  • doesn't charge any application fees.
  • doesn't charge any consultation fees.

In fact if the lender you're with is not giving you options as far as rates, you do need to talk to us.

Contact Trust in Equity today!:

So guys listen it doesn't cost just cent. You can visit Trust in Equity in real time at their office in Avon, OH. Make sure you give them a call. And they'll be happy to help you out.
 

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