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News For Home Buyers! Bank Buster loan!

If you want to buy a home in 2019, this news is for you!

Earlier this week, the top wholesale mortgage lender in the United States announced that they are dropping their interest rates to unprecedented lows with the new Bank Buster program!

What does this mean?!!?

The insider secret is that they are giving mortgage brokers loans at $0 upfront profit to themselves in order to scoop up a bigger share of the market. That’s right…

They are at war with the banks! Perfect timing, too, because more and more people are discovering that they can get better interest rates, faster closing, and better service with much less stress when they go with a mortgage broker.

A mortgage broker shops wholesale lenders to get you the best loan.

A direct lender or a bank has only their own loans.

Banks are great for checking accounts. But come on, they cannot compete with a mortgage broker who specializes in only one thing: mortgage loans. Here’s what I’m talking about…

If you want the best steak, go to a steak house.
If you want the best Chinese food, go to a Chinese restaurant.
If you want the best mortgage, go to a mortgage broker.

It makes sense! And now, with the new Bank Buster* program, watch out! Because if you’re not checking with your mortgage broker, you could very well be setting yourself up for higher pricing, more stress, and a longer closing time.

FACT: A mortgage broker is required by law to get you the best loan at the lowest interest rate they can. That is not true for direct lenders, credit unions, or banks.

* This new super low interest rate loan program requires a credit score of 640. If your score is 639 or lower, here are two resources for do-it-yourself credit improvement. Both books are available on Amazon.

Thank you for reading and passing on this information.

Feel free to re-blog and post on social media.

I am a licensed in Washington and California, NMLS # 1284134.

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