The Brutal Truth: The One Thing You Must Avoid to Save Thousands on Your Mortgage

[@rm26367]

Thank you for being honest!

[@JenniferBeeston]

Always!

[@jesssbe5point7]

ABSOLUTELY LOVE your honesty!! if you shop cheap, you will get cheap results!

[@shadeaquaticbreeder2914]

Been watching a few of your vids and they have made me think it's actually possible to buy a house. Thank you. I look forward to working with you guys soon.

[@JenniferBeeston]

Look forward to working with you:) you got this!

[@ClutchCarson]

Love it, not even looking for a loan, but someday when I do, boy will I be full of great insights!

[@JenniferBeeston]

Thank you!

[@MrBlainet999]

Thumbs up Jennifer. Keep the tough love coming.

[@JenniferBeeston]

Thank you!! :)

[@robbiechen0830]

You are so smart and beautiful at the same time

[@JenniferBeeston]

Thank you:)

[@johnniejacobs3199]

Great video! As someone looking to buy my first home this year, my plan was to look at 4 local banks and credit unions to apply for pre-approval and focus on who can give the best rate based on the pre-approval rates at that time compared to the others. But your video taught me that I need to research lenders and then wait to compare rates until right before making an offer. I had no idea. Thank you for you'd videos. I learn more each time I watch you and hopefully I'll be more prepared when I get ready to apply for pre-approval in March for a conventional loan.

[@JenniferBeeston]

I am so glad the videos were helpful :-)

[@khadijahdavis1572]

Mannnnn this sister is gold, seriously she's a breath of fresh air

[@JenniferBeeston]

Thank you:)

[@ernestomytv]

Dont pick the cheapest divorce attorney 😅😊😊😊

[@JenniferBeeston]

100%

[@galinagause6273]

Thank you❤

[@JenniferBeeston]

You're welcome 😊

[@totallytiffany8064]

Love you Jen new subscribed

[@JenniferBeeston]

Thank you:)

[@BrianMckelvey-vh1gi]

I appreciate your time and being truthful with the videos and onasty. I have learned a lot from the video that you have done.

[@JenniferBeeston]

Min 9 is where I start doing voices. Enjoy

[@sunset3458]

No no. We watch from the beginning. Thank you. 😂 jk jk. Not kidding but jk.

[@leejennifercorlewayres9193]

I love your channel. It's so interesting and I'm learning and laughing. Good job! 👍

[@MissDemeanorOG]

Where r u located? I love your attitude and invaluable info.

[@JenniferBeeston]

Thank you! I am located in Florida, but I do loans everyone in United States except for Utah and Rhode Island

[@mark-e3c]

Construction loan, your lender stalls on giving you a draw to give $ to their bigger fish they can't let default, your mail box can't be big enough to handle the number of mechanics liens heading your way. No way to get other financing until those mechanic's liens ( now a senior debt) are paid. Nobody will lend you $ unless you don't need it. What next, shall I do a Chapter 13 or 7 bankruptcy ?

[@2short1968]

I love your honesty and sincerity ......👍

[@JenniferBeeston]

Thank you!

[@khadijahdavis1572]

Me toooooo, she is awesome

[@MotoNovi-xw9gi]

How do you get an appointment with your company?

[@JenniferBeeston]

calendly.com/jennifer-beeston/preapproval-q-a

[@TheItachai]

This is true, channel like these help!

[@lexglowup977]

I really love you and your videos!!! It’s just the personality. You make this topic fun. 🎉

[@JenniferBeeston]

Thank you!:)

[@brad5815]

Translation: You get what you pay for and those who know pay for experience and quality. Give Jen a shot, she'll represent your best interest and you won't be disappointed.

[@JenniferBeeston]

Thank you Brad!:)

[@noe6499]

I appreciate the knowledge 😊

[@JenniferBeeston]

Thank you

[@mitchbandalan9450]

My morning... Get my morning coffee... log in and take care of my morning work...watch Jennifer and learn....

[@Ryancuasay]

Morning Jen. Your videos are very educational and motivating. You kinda look like Chelsea Handler as well (take it as a compliment) Happy Friday!

[@VStarMama64]

I love tough love❤ no one has ever told me to look for a expert first. Ty!

[@cd-rom.]

Keep these coming! no bs

[@TheItachai]

That reenactment sounds familiar💀💀

[@JenniferBeeston]

lol

[@TheItachai]

@@JenniferBeeston I’m sorry I had to run to you to get out of that situation I was in with VU.

[@JenniferBeeston]

@@TheItachai Never be sorry. I am glad you escaped their clutches:)

[@TxHoneyBee]

What is disturbing is that people sign the estimate and disclosure documents without reading them. My documents described the difference between rate lock v floating rate and clearly noted the option I chose.

[@JenniferBeeston]

Yes it happens all the time. Glad you are looking at your docs

[@jamaul8909]

Applied with the preferred lender yesterday and will be submitting my loan application with you today and im excited!

[@rvandoom]

In 2024 you need a at least a 60 day lock 🔒 on your rate ! A 30 -45 day lock is a waste of money 💰!!! And buyer you would be frustrated if you don’t !

[@JenniferBeeston]

You really do not need a 60 day rate lock if you’re in contract to buy a house and you’re supposed to close in 30 days

[@davidsmith3268]

Can rates be locked? Every lender has explained they cannot lock rates! Which is crazy but understandable…I’m speaking about new builds only…what are the facts…?

[@JenniferBeeston]

The facts are that with a new build you are probably using the builders preferred lender for incentive. And in many cases, they won’t lock you till 30 days before. Some will lock you 60 days before, but it depends on them. If you are using the builders lender you are a hostage because once again, it’s not your lender, It’s the builders lender. Please make sure you rate shop them when they’re actually in a position to lock. Also always check their lender fees and see how many points they are charging you. Let’s say you’re not using the builders lender. Do I have the ability to lock for a year? Yes I do. Would I suggest you lock that long? Absolutely not in 10 million years. The markets trending downward so when you’re doing a lock that long there is an upfront charge and odds are you’re just going to lose that money and hate me so I wouldn’t recommend a long lock right now .

[@topsecretbear9918]

"Research up front" is always a good idea, the trick though is to not let it lead to "analysis paralysis". That happens alot too. Just call Jen, problem solved.

[@JenniferBeeston]

TY! I like just call Jen. May start using that

[@amf703]

I wish there was checklist or step by step guide for this stuff

[@JenniferBeeston]

Working on it

[@angelagriffin1404]

Have dave griffin give him make qrit dreaking make him bild 5:21 5:21 5:22 5:22 5:22 5:22 5:23 5:23 5:23 5:24 5:24 5:24 5:25 5:25 😊😊 5:25 😊😊 heal put drug cru to work

[@brad5815]

To those in the industry: 1. Watch out and mind your P's and Q's. 2. There are phenomenal knowledge bombs if you listen carefully and are hungry to learn.

[@AChavez-p5k]

Absolutely true

[@amandalee714]

How does waiting 30 days or 15 days make a better deal? Why does that matter at all? Why not lock it in as soon as you crunch the numbers? How does it save money to dink around with my time?

[@mikefeddersen2476]

Seems to me it would be easy to become a Jennifer Beeston follower. 😊

[@AlliNW0nderland.]

First time buyer here. So PreApprovals are never locked rates?

[@JenniferBeeston]

Very very rarely. Already ask the lender but 99% they are not

[@kerib2535]

You are a boss for sure !!

[@JenniferBeeston]

TY:)

[@arleneboyd9536]

Can you help us please.

[@AChavez-p5k]

Tough luv

[@JenniferBeeston]

100%

[@adeolaotukoya7349]

Jen, what do you say if the builder says you will need to use our lender to get some money as an incentive that can help towards closing costs?

[@JenniferBeeston]

I have a video about this for tomorrow:)

[@awholenewleaf]

I freaking love you, Jen! You’re passionate, you’re honest, and you play 0️⃣ games. My loan with you was so smooth and it pains me watching others go through a horrible buying process with bad lenders! Keep up the great work!

[@jpyang05]

This sounds like the kind of thing a lender or broker will say to justify charging higher fees. Most mortgages aren’t complicated, shop the rate on Zillow mortgages and go with a business with decent reviews.

[@JenniferBeeston]

Disagree. Online rates are never accurate and always have a disclaimer to call. Also the only lenders that advertise on zillow are call centers that can't get leads any other way. They pay zillow for space so it is not an actual representation of the market or lowest rates. It is a bunch of call center with click bait rates that change when you call..

[@janejones2439]

Hey Jen, I bank with a credit union, and they said that if I use their preferred realtor program that I would get money back from the realtors commission. The amount will depend on the cost of the house. What is your take on this?

[@JenniferBeeston]

They have a deal with the Realtor to give up some of their commission. It’s a hook. If the realtor and credit union give great service and have solid rates and fees great otherwise it is just a hook

[@angelagriffin1404]

My paster sed he gave ekahall get church biled pis them off at church.

[@bconnor1598]

How do you find an expert in self employed P&L or Bank Statement loans in NJ? I tried that Scotsman guide and it didn’t give me any in the search results?

[@JenniferBeeston]

If you only want a bank statement loan call Debra Schultz 917-757-6633

[@meganlroman]

Should we shop around during pre-approvals or once we've found a home for a formal approval?

[@JenniferBeeston]

both the video covers in detail

[@stoicdarwin]

Commenting for shady shhhh @7:48

[@JenniferBeeston]

You always comment for the best reasons

[@angelagriffin1404]

Slob sell houes

[@strangepeopleare3046]

You got me at compare a fresh banana to a week old banana 😊

[@JenniferBeeston]

:)

[@DC-pe6kd]

Can I leverage whole life insurance even I don’t have enough cash value.

[@kennys8661]

Hello, do you offer refinancing?

[@JenniferBeeston]

Yes we do 707-478-0637

[@kennys8661]

Thank you for the quick response, we will reach out when the need arises. Thank you for doing these videos, very informative.

[@JenniferBeeston]

Sounds good!

[@angelagriffin1404]

Saply beer drugs houes up

[@angelagriffin1404]

Thay allexspesive

[@angelagriffin1404]

Thay cold get what thay needed dune

[@angelagriffin1404]

I see same person on ph#

[@angelagriffin1404]

Men shudd m elttish wife make lots of mony

[@angelagriffin1404]

Then againe mite get ript off!

[@eddieslittlestack7919]

So are you a lender or are you a mortgage broker? Saying we’ll compare rates at 30 days from closing? I’m confused girl!

[@JenniferBeeston]

Lender. Most closings take 30 days once you are in contract. We can close quicker but that is generally the time frame realtors right for.

[@angelagriffin1404]

Cant beer druging eddit to go sell houes

[@angelagriffin1404]

Lady sod was trans isceddel

[@tetocaloscojones8229]

dont BS a BSter

[@russlea6383]

I'm impressed -- you do impressions. :) :/ :\ :(

[@JenniferBeeston]

Thank you! I worked on it for when I recorded my audiobook for Brainhacked;)

[@mikefeddersen2476]

​@@JenniferBeestonand here I was thinking you should be an audiobook narrator. 😊

[@angelagriffin1404]

That w dud xfinty

[@angelagriffin1404]

You hide them thay work ch3ap st