Getting a Conventional Mortgage Loan in Boerne, TX

Transcript

If you’re buying a house or building a new home in Bernie, Texas, it’s a good thing for you to get in touch with us. We operate our business a little bit differently. One, you talk to a real person on the first call. Secondly, this is probably the most important what my people appreciate. You get the lowest rate on the first call.

Why is that different, and why would I do this? Well, it’s different because when I asked my clients and I went through this experience myself, getting a low rate shouldn’t be something you have to fight for. Getting a good deal should be something that’s fair and kind of across the board. People overuse that word, but there is fairness in lending, which is there’s a fair amount of profit to make per loan.

Most lenders do what’s called a variable profit model, where they try to see what they can get away with. They try to hit you with the high rate in the beginning. Then they have to go check with their manager in like some greasy way and then make you feel guilty for getting what you should have gotten out of the box.

Well, people are shocked when I give them my rate quote. I’m about a quarter point to three quarters, a point lower than a regular lender on a conventional loan. I’m almost a point to point half lower on VA loans. Why is this? Well, one, there’s a discrepancy cuz other people make more money on our veterans and my other videos go into that.

The second thing is, This is something that we believe is important to establish trust. If you give somebody a good rate on the first round, they know you’re not out to gouge them. Other lenders, they dissolve that trust. They made already half. Just to try to make more money, and that trust is important.

People need to work with you during the purchase process instead of against you. And the only way to have people work with you is if they know you, they’re you’re on their side. Um, of course we’re here to make money, but we’re here to make a fair amount of money based on what is good for you as a consumer, and provide a good service that can work together.

If we tried the normal lending model, which is trying to make as much as we could on every single deal. The people don’t trust us. People don’t like us. I don’t get referrals. Um, I don’t get good reviews. The whole thing collapses, and then you have to start over every single month. Hopefully this makes sense.

Hopefully this helps you buying a house or refinancing a house in Bernie, Texas.