First Time Home Buyer Mistakes to Avoid ❌

#mistakestoavoid #realestate #firsttimehomebuyer

Buying a house is exciting and can be a great experience. Avoid these mistakes unless you want an experience if drama and disappointment. And yes this video was almost named "A scolding by Jennifer Beeston," so buckle up as I am pulling no punches.

Clearly, I love doing loans! Need a mortgage or want to chat about your scenario? I am licensed in 48 states for purchase and refinances. Here is how to contact me:

3) Call me 707-478-0637

TikTok @jenniferbeeston

Jennifer Beeston, SVP Mortgage Lending NMLS 247743 at Guaranteed Rate, Inc. NMLS 2611
Branch Address: 4863 Old Redwood HWY, Suite D, Santa Rosa, CA 95403
Top 1% in the nation 2016-2020

More Helpful Content:

NMLS #247743 Guaranteed Rate NMLS 2611

State License Numbers: AK - AK247743, AL - 72998, AR - Licensed, AZ - 1007541, CA - CA-DOC247743, CO - 100516570, CT - LO-247743, DC - MLO247743, DE - MLO-247743, FL - LO66900, GA - 70357, HI - HI-247743, IA - 33839, ID - MLO-2080247743, IL - 031.0054184, IN - 41478, KS - LO.0039219, KY - MC717200, LA - Licensed, MA - MLO247743, ME - Licensed, MI - 247743, MN - MN-MLO-247743, MO - MO-247743, MS-247743, MT - 247743, NC - I-189119, ND - NDMLO247743, NH - Licensed, NM - Licensed, NV - 66544, NY - Licensed, OH - MLO-OH.247743, OK - MLO20600, OR - 247743, PA-247743, SC - MLO - 247743, SD - MLO.08498, TN - 205478, TX - Licensed, VA - MLO-40552VA, VT - VT247743, WA - MLO-247743, WI - 247743, WV - LO-247743, WY – 8203

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and for more information.

All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency.

Javier Vidana,FHA,Conventional,first time home buyer,buying a house,first time home buyer mistakes,real estate,first time home buyer tips,home buying tips,how to buy a house,buying a home,realtor,first time home buyers,how to buy a home,home buying,home buying mistakes,investing,biggest first time home buyer mistakes,first time home buyer tips and advice,first time home buyer advice,5 biggest mistakes first time home buyers make,buying my first home

[avlifesavers]

You deserve my business for the entertainment value alone.

[cindyzuniga]

I expected my lender and his team to bring their A game. So, that required me to bring mine. Lying is not an option. I was very honest with my lender and that honesty helped them prepare in case the underwriter had questions. When they requested docs, I sent them within 30 mins to an hour. I anticipated the types of documents that might be needed by watching your videos. So I was prepared to provide any documents. I was originally set to close in 45 days. With the entire team ( Realtor, Lender, and me) bringing their A game, we closed in 20 days in California 2021. Be honest and available to your team.

[mikehernandez]

Oh boy this is my third time buying a house and I'm learning alot watching your videos

[LonestarGypsi]

I love your level of bluntness! It is so wonderfully refreshing.

[bernitup]

Thanks Jen. After having a horrible experience earlier this year and it taking an emotional toll on me, once I found a great Agent and connecting with Julie from your team, the experience is so much better. Thanks for the videos.

[Grace_]

I love this! You’re definitely in my list 👌

[mrs.t]

your videos! So informative, to the point and funny!

[lauraneff]

Jen! I had the pleasure of meeting your dad at Ski Santa Fe yesterday! We happened to ride on the same chair lift. He’s very proud of you of you and I told him I watch your videos all the time (almost 2 yrs as LO) Thanks for sharing all your knowledge!!

[Shirri]

Hi I love your videos. I’m an underwriter and you are 100 percent correct on this issue. We do detective work and most times if we have the truth everything can workout we can work with it. We just need to know. Yes borrowers don’t start spending money and getting credit loans etc it just causes a huge wrench in you mortgage loan you really don’t need to have

[PrettyLady]

well, they shouldn't buy a house or apply the pre. approval letter yet if they're trying to play the game "lie to get it". That means you're not ready for it.
Btw, love the video! thanks Jen,

[NDEFNTE]

I love all this information Jen! I was wondering when you will have a dedicated playlist just dedicated to new Loan Officers? You could totally do a training course!

[Quaway]

You are funny 🤣 but I appreciate your videos I'm watching them all ! I'm new to the channel & I'm learning more knowledge before I get preappoved for my first home.

[stephanieharries]

Well I think that if they lie to someone else being you or anyone in the process I I think it goes back to the Shakespeare of saying unto thine own self be true and then you can't be false to any man so if they're lying to themselves they're in danger of probably lying to others because you're not going to treat other people better than you treat yourself and you know there's different like you said there's different levels Shades rather you know there's different there's types of Lies like if somebody gets up and says I'm going to do this and this and this and they only do three of those four you know a couple of them then they're trying to do the right thing but if they just say you know it's all depends on honesty and if you're doing something and and you you trying to deceive that's one thing but if you're just sloppy then you need to get organized you know so there's different motivations but pathological lying is I would think honestly I've said a lot but I think you you people are relying they need to wake themselves up and maybe if losing the money is is going to wake them up then yes they need to lose the money to wake themselves up so they'll learn lying is not okay

[messageinabottle]

I am negative about being scolded however the, "Reality" of it is it's good advice.😁

[millennialmoneyprogress]

What if you’re pre-approval expires before you find a home? Does your credit have to be ran again and employment verified again as well? Thanks.

[philam]

Great Channel and very informative. You look like Alice Eve by the way.

[MrKelvin]

Great info, Does having a new job affects the chances of approval vs having a job for two years plus? I basically want to change jobs but im also thinking of buying in the next couple of months but I don't know if I should wait to switch jobs until a few months after burying ect.

[michaelleahy]

Why must different lenders keep doing a hard pull? Why can they not just access the same initial pull within a 14 day window for instance? There ought to be a clearinghouse for lenders to post an initial pull, and to then access that database, to preserve a borrower from having the score fall a tier. Option 2: have them do a pull via MyFICO, at least for prequal

[Integrity.is.everything]

I was honest with my broker that I had job offers. She told me "I don't want or need to hear ANYTHING about ANY of that!" 😂 She sounded kinda miffed tbh but it took them over 55 freaking days to closd

[Xtremeproducts]

Why lie? Makes no sense. Honesty is best policy.