I hope you watch this and really compare lenders to save yourself money now and for the next 30 years when purchasing a home. If you are buying with cash, you don’t need to watch this. But about 80% of buyers probably would be getting some kind of mortgage loan.
As a real estate agent, I work with many different loan programs and lenders for buyers and sellers. This approach (email template) was created by trying to help a buyer who wanted to find the best deal, so I drafted this email to help the buyer.
Send this early in the morning to lenders that you are comparing. Legit and experienced lenders will get back to you the same day.
I hope you get the best deal on your purchase loan!
Here’s an email template to compare the lenders for you:
Can you please send me your most accurate estimate of the lender’s fees and closing costs?
Based on $xx purchase price and $xx loan amount and no points:
1. What would be the rate as of today (July 1st) that I can get? Assuming I have a 700 (or your approximate credit score) credit score…
2. Monthly payment (principal and interest) without tax and insurance?
3. Assuming 30 year, what would be the total interest paid for the life of the loan?
4. Total lender fee (not including recording, appraisal, title insurance…)? The fee that the lender takes.
5. Total closing cost (not including escrow fee, tax reserves, insurance and other prepaids)?
Great Home with Lake Views! Rare opportunity to own this dayranch (600 sqft unfinished basement area) with lots of natural light streaming in from windows facing Binford Lake (great for bird watching!).
Includes skylights and tall, vaulted ceilings, large sunroom, bay windows, and a huge, private lot at the end of a culdesac. Walking distance to scenic trails and Butler Creek Park.
Newer: heat pump, furnace, luxury tile, paint, carpet, stainless steel appliances, washer/dryer and completely remodeled bathrooms. One year home warranty included.
Enjoy your own personal oasis!
1980 SW Lake Pl, Gresham, OR 97080, $440,000 Exclusively listed by Shawn Realty, Southwest Gresham Listing Company
My heart aches for George Floyd, his family and the protesters (not the looters) who are fighting for justice. I stand by #BlackLivesMatter. I think true power should protect lessor power and we are not there yet, “the promised land” where Dr. King saw and where he wanted to get to in his lifetime. My favorite singer songwriter, Patty Griffin wrote this beautiful song about MLK’s speech called, Up TO The Mountain. I hope this gives you some heart cleansing. Please enjoy.
Simon and Garfunkel – Bridge Over Troubled Water (covered by Shawn Realty)….. I feel that our Medical folks and all other great people who are helping the humanity are the Bridges Over Troubled Water in the world. Big thanks to all of you!! #HeathCareHeroes #StayHomeWithMe
Here’s another song for you, an original song from year 2000…. Real estate market is doing ok. No significant price dip so far, less buyer showings, but the sky is not falling. We are going to get through this together. Stay positive, do everything we can to get better fast. Please enjoy this song and be well!