My wife and I got a mortgage with her over a year ago, trust me , Jen and her awesome do exactly what they say they do, we were told everything up front what was expected , Thanks again Jen 👍👍👍
@JenniferBeeston4 ай бұрын
Thank you Jean ❤️❤️❤️
@viningscircle4 ай бұрын
As always, thanks for another useful video for buyers Jennifer. I just got in contract for a home, and will make sure I do my due diligence with regard to my lender, the questions needed to ask, and as you say, you owe to yourself to get the best you can to honor your hard earned efforts to get that home you want!
@russellperkins83344 ай бұрын
I just went through everything you mentioned. Nobody involved in my recent house purchase knew what they were doing.
@JenniferBeeston4 ай бұрын
That had to be both painful and frustrating.
@russlea63834 ай бұрын
I'm guilty for not finding you until after my lender closed me into a box.
@JenniferBeeston4 ай бұрын
I am here for next time Russ:)
@russlea63834 ай бұрын
@@JenniferBeeston Thank you. I'm vigorusslea working towards my next acquisition -- a commercial property.
@JenniferBeeston4 ай бұрын
Can’t help you with that but it sounds exciting.
@russlea63834 ай бұрын
@@JenniferBeeston You don't do commercials? What about mixed use?
@horseradish3024 ай бұрын
After I got an offer accepted, I sent the info (i.e. an official loan application) to a few lenders to compare rates/fees. I had two lenders say they wouldn't give me a loan estimate until I committed to using them. They both sent me a "transaction analysis" that even said on it "Get an official Loan Estimate before choosing a loan." I told them both, no, I am entitled to and expect a loan estimate. They did both send me the estimate soon after and within the statutory requirement, but one of them went ahead and ordered an appraisal on the home without me signing the intent to proceed. Why the real estate agent approved the appraisal request without even talking to me is another question.
@JenniferBeeston4 ай бұрын
Ok I am going to be blunt. Loan estimates are worthless unless locked so to even compare you would have had to have every lender lock and then send you. We have people ask for this an I generally just try to do a loan summary as well since until it is locked it is not worth having my disclosure team trigger etc. I should probably do a video that explains this. What do you think ?
@horseradish3024 ай бұрын
@@JenniferBeeston I agree that before choosing a loan the rate should be locked. But I found LEs helpful to compare the section A fees. Also, if the rate was a percent higher than other offers I'd move on. But loan shopping was legitimately my least favorite part of the entire process partly because I was asking people to do work for me that only one of them would get paid for doing. A video like that might be helpful.
@CMBBmc-jd6ur3 ай бұрын
Get fully underwritten before making an offer.
@shontaenorwood70764 ай бұрын
I am fortunate to be locked in 3.75 rate but ohh how I wish I had more knowledge. Appreciate your channel so much Jen! I'm going to be better prepared for my future property purchases!
@BrianMckelvey-vh1gi4 ай бұрын
Thank you for reaching out to me in regards to pre approval application. I have received the email, thank you again.
@JenniferBeeston4 ай бұрын
Look forward to working with you Brian:)
@justinelliott20003 ай бұрын
I was blessed to have you in my corner for my first loan! 2020 was great and so was the rate 😉!
@leesmith54194 ай бұрын
I wish I could have known about your channel 5 years ago
@JenniferBeeston4 ай бұрын
I am here for you now.
@rosettajohnson65064 ай бұрын
Jennifer is right, Beware, Do your homework. A pre-approval, is not a guarantee you'll get a mortgage loan,
@TheItachai4 ай бұрын
I will only go to Jen and her team when it comes to my homebuying needs
@JenniferBeeston4 ай бұрын
Appreciate you. Krissy still misses you
@samanthakwait87823 ай бұрын
I watch these kinds of videos you make and think “this won’t be a problem because I’m using Jen when we buy”😂
@JenniferBeeston3 ай бұрын
100%:)
@ealex3565Ай бұрын
mines check the numbers before i put contract. she let me know closing if i ask but say my rates not looked in
@kata77423 ай бұрын
What would you suggest for a new lender /mortgage broker to do on their journey to learning and becoming a “pro”. Everyone has to start from ground zero.
@ZER0_G4 ай бұрын
Wow. Sounds like you and your folks are like a lending SWAT team.
@JenniferBeeston4 ай бұрын
We learn from the best every day
@xiantor4 ай бұрын
My lender did not tell me about the VA funding fee i was pissed.
@JenniferBeeston4 ай бұрын
Well heads up when you refinance do a VA irrl as funding fee is only .5 whereas with cash out it is 3.3% which is 😵
@kfergus36623 ай бұрын
They told us yes and then they hit our credit score and we got it and then we don’t.
@CMBBmc-jd6ur3 ай бұрын
Get approval (fully underwritten) before making an offer on a home.
@nischalxp4 ай бұрын
I've redesigned this video thumbnail. Where can I send it to you, Jennifer?
@JenniferBeeston4 ай бұрын
Hey I don’t use thumbnails but thank you
@tamwolf204 ай бұрын
Raising my hand. We know better now. Thanks Jen.
@TheItachai4 ай бұрын
I love not watching your videos for awhile so I can binge watch them
@JenniferBeeston4 ай бұрын
❤️❤️❤️
@JesusHernandez-fz4cg2 ай бұрын
Thank you for your video! I keep learning more from your channel. I did not know a lender can provide you estimated closing costs from the get go. Hey, it would be very interesting if you could make a video on pros and cons of working with a lender that’s not from your area like yourself. How does the signing at closing with the title company happen? Wouldn’t loan estimates be more expensive because of distance? I feel many of your viewers are probably wondering too. Thank you for these awesome videos.
@JenniferBeeston2 ай бұрын
I am so glad the channel is helping. Loan estimates are not more expensive based on the lenders location. I actually did a pro and con or local lenders. Check this out kzbin.info/www/bejne/gXqrmniOZptsnposi=LWbCfjup1zJgZ6o-
@NancyMorgan-fv1qq3 ай бұрын
Pray for someone whose buying a house from a real estate agent named Amanda. I can't tell them what to do. They are moving to quickly and I m afraid mistakes are being made 10:59 Greenwood
@JenniferBeeston3 ай бұрын
Sending good thoughts that they slow down and look around
@eddiee32693 ай бұрын
We have so many ways online ti get all those estimates needed. Many need to understand to draw the line of what they want and what they can afford. Lenders from what i have seen at times will not give proper estimates and this is why you need to shop around and filter those who are BS.
@NyimaChodon-jy2xc8 күн бұрын
I am so glad I found your channel. I was in that situation with a lazy and dishonest lender. He kept on telling me I need to get past contract and inspection then he can give me the load estimate and go over closing cost and etc. Thankfully we didn’t go through with that contract.
@JenniferBeeston8 күн бұрын
I am glad the video helped and I hope you dumped your zero and found a hero:)
@urhomemediaАй бұрын
First time I've TOTALLY DISAGREED with Jennifer. I've worked with "inexperienced" brokers who are on top of everything and are super diligent and responsive. Just because they haven't done a 1000 loans doesn't mean they're not good. A bit of a self-serving perspective from an "experienced" broker like Jennifer but love her content, thanks!
@JenniferBeestonАй бұрын
Knowing what I know about loans, would I ever let a new loan officer do a loan for myself or a family member? Absolutely not. It’s not just about guidelines, it’s about knowing how to handle different scenarios, understanding pricing and how the market works and that is what you get with experience. Being diligent and responsive is the bare minimum.
@urhomemediaАй бұрын
@@JenniferBeeston We'll agree to disagree, I had a great experience and result. Have a great wknd.
@familylivinginvancouverwa4 ай бұрын
What are your thoughts on mortgage coach??
@JenniferBeeston4 ай бұрын
I don’t love it. I have had clients send to me mortgage coach breakdowns and I think they are not super straightforward and can be confusing for a client.
@familylivinginvancouverwa4 ай бұрын
@@JenniferBeeston Thanks for the feedback! I had the same experience. Feel it can be overwhelming to majority of clients.