Lender Secrets Revealed for First-Time Homebuyers - Shaheedah Hill Unedited | Mortgage Tips

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[Dunnwealthadvisor]

Loan Officers do not get paid by giving higher interest rates nor lender fees. We get a percentage of the loan amount paid by the Bank, Brokers like myself tend to lower our commission to get better rates for buyers.
Of there is a situation where a borrower is short on finds to close the interest rate can sometimes be raised to provide a credit to the buyer but this has to be done early I. The process.

[ciarrat.]

Great video! I purchased in 2020 using your tips/information. And because I'm the first sibling to purchase, I'm now the "expert".😅 Nobody wants to do the research, they just keep asking me. I'll continue watching and sharing your videos.

[angeliamattingly]

Oh boy, let me tell you. My Realtor and lender couldn't get alone. I was under contract with land. Omg it was a nightmare. In the end I had to fire 2 lenders only had 25 days to closes. Had to different companies so I said my closing date is June 15, 2023. Do you think you can close this. 1 said they wasn't sure the other one said yes they did it before and they can do it again. So after the 3rd time I finally found a good lender. It was better. Yes we closed! Being a first time home buyer let me tell you it crazy. You have no idea where you end up who you end up with. But one thing I can say I had the best realtor I could ask for. She had my hand all the way to closing. I got my land and I got my new mobile home double wide from Clanton in mabank texas. So yes you can change your lender a bunch. We finally moved in our new home on October 16, 2023 ❤

[alannaalbritton]

We were so ignorant during the buying process. We did not shop for rates. Our realtor works with a lender and we just went along with them because it was streamlined. Two buyer/ High Earner/ 780 and 805 Credit scores. We just didnt know we could/should shop around!

[Dunnwealthadvisor]

I've spent a ton of time counseling people on their credit. The problem is this takes a ton of time and a lot of people don't come back. It's essentially financial advisory, which I once was, but there should be a fee for it. Think about if I can teach you how to change your financial picture and it takes time away from my business. I should charge a fee

[boneytiger]

I spoke to a lender yesterday, she definitely sold me like a sales person.

[ruthnathans]

It was me! I asked the question in Facebook but i was tired of lenders calling me so i was anonymous. Yes thank you so much. Lender 1 gave me a quote that’s in the contract at 6.99% Lender 2 gave me 6.3% but i need to compare both packages fully to make sure it’s apples to apples. I read that i have to look out for the APR as well. The cheaper may not be cheaper after all. Thank you so much for your videos. Been following you for years and now i think its finally go time in real life. 3rd agents a charm😂

[carmeldelite]

While shopping lenders, we had one tell us you don’t need multiple tickets to the same concert meaning there was no need to check various lenders. What are red flags we should be mindful of when trying to find a lender? I'm sure you covered this in a video, but I can't remember when.

[izb]

Thanks for this. The part about lenders possibly matching was gold for me, I have a lender I really want to use but of course I wanted to get other quotes just in case. This makes me feel better about possibly finding lower fees and rates 😅

[jackiegardner]

Thank you Shaheeda for another educational & informative video. I recently started the process of buying a home and the agent referred me to the lender she uses. Because of the information you share, i decided to get at least one other quote. This was with Chase, but they requested the quote from the first lender. Why do they need to know what was quoted from the previous lender. Why not just go through the process with me & give me your best quote🤔

[linnettedickens]

This was so much, but very informative, I rather pay cash all cash, that’s what we are doing. I won’t have to pay fees and I won’t have a mortgage. Thank God

[jamaicanblackqueen]

God bless you Shaheedah. Thank you for another great video. ❤

[marcusmarkus]

Thanks for sharing all this real estate info this is so needed.. May your business bring you overflowing wealth to you and your family.. We need more people like you who keep it 💯..

[ltetobago]

1:29 is this something we can disclose or keep to yourself? Similar to buying a car, let them know you're Shopping around TY

[Vybb]

I was so naive and trusted this one lender… he took great advantage of my innocence… I got my condo I just have to love on… how’re that extra loan charge of 2.5% is haunting me and I had to pay it cash on closing…never again trusting one lender like that

[shacoraparamole]

I wish. I lived where you are. I definitely would of hired you.

[Simplyrikasworld]

Great video as usual. Waiting patiently on the buyers video 😊

[nahndibush]

You answered my questions, thank you!😊

[varunkprasad]

Can we get quotes from three mortgage brokers, would that be better than going to lenders who are attached to one bank?

[TammyMacMac]

Thanks for another great video! Do you have a space where you do lender recommendations? I know you specialize in first time homebuyers and didn't know if there are lenders you've found that work great with first time homebuyers in Georgia. I have great credit 😎..lol