Advantages of applying with multiple mortgage lenders Fact: Nearly one in ten home purchase applications are denied. And 13% of all refinance applications are denied. If so many mortgage applications are turned down, a little “insurance” could translate into a lot of peace of mind. This is especially true if you have less–than–perfect credit. Another reason to shop around is that mortgage programs, closing costs, interest rates and service can vary significantly from one lender to the next. Obtaining more than one loan approval allows you to test the waters with lenders and compare Loan Estimates. And that’s not empty advice. This strategy is proven to work. The Consumer Financial Protection Bureau (CFPB) says that if just 20% of homebuyers would get an extra quote, they would collectively save $4 billion a year due to increased competition between mortgage lenders. https://themortgagereports.com/26611/can-you-apply-for-a-mortgage-with-two-lenders-at-once
给大伙提个醒，目前我的loan officer告诉我他们银行估价几乎都会有少的，少的很夸张的不多，但是少个5万10万的不少。 Appraisal有一个热卖区的加成, appraisal低10万算少的了吧，可以去问问今年1，2月份成交的房子appraisal低了10万20万左右的有几个 10W算少了…最近appraisal完全跟不上加价, 按照周围close的卖价，appraisal价格基本远低于最后的卖价，加上全waive感觉现金不足的风险极大 我上次那个贷款经济很不地道，到最后多出几千的fee，出尔反尔，为了close只好继续，从此不会再找她, but if you have a back up loan application, you can just tell him:" you are fired." and you can go to the next lender.
Advantages of applying with multiple mortgage lenders Fact: Nearly one in ten home purchase applications are denied. And 13% of all refinance applications are denied. If so many mortgage applications are turned down, a little “insurance” could translate into a lot of peace of mind. This is especially true if you have less–than–perfect credit. Another reason to shop around is that mortgage programs, closing costs, interest rates and service can vary significantly from one lender to the next. Obtaining more than one loan approval allows you to test the waters with lenders and compare Loan Estimates. And that’s not empty advice. This strategy is proven to work. The Consumer Financial Protection Bureau (CFPB) says that if just 20% of homebuyers would get an extra quote, they would collectively save $4 billion a year due to increased competition between mortgage lenders. https://themortgagereports.com/26611/can-you-apply-for-a-mortgage-with-two-lenders-at-once
Advantages of applying with multiple mortgage lenders Fact: Nearly one in ten home purchase applications are denied. And 13% of all refinance applications are denied. If so many mortgage applications are turned down, a little “insurance” could translate into a lot of peace of mind. This is especially true if you have less–than–perfect credit. Another reason to shop around is that mortgage programs, closing costs, interest rates and service can vary significantly from one lender to the next. Obtaining more than one loan approval allows you to test the waters with lenders and compare Loan Estimates. And that’s not empty advice. This strategy is proven to work. The Consumer Financial Protection Bureau (CFPB) says that if just 20% of homebuyers would get an extra quote, they would collectively save $4 billion a year due to increased competition between mortgage lenders. https://themortgagereports.com/26611/can-you-apply-for-a-mortgage-with-two-lenders-at-once
Advantages of applying with multiple mortgage lenders Fact: Nearly one in ten home purchase applications are denied. And 13% of all refinance applications are denied. If so many mortgage applications are turned down, a little “insurance” could translate into a lot of peace of mind. This is especially true if you have less–than–perfect credit. Another reason to shop around is that mortgage programs, closing costs, interest rates and service can vary significantly from one lender to the next. Obtaining more than one loan approval allows you to test the waters with lenders and compare Loan Estimates. And that’s not empty advice. This strategy is proven to work. The Consumer Financial Protection Bureau (CFPB) says that if just 20% of homebuyers would get an extra quote, they would collectively save $4 billion a year due to increased competition between mortgage lenders. https://themortgagereports.com/26611/can-you-apply-for-a-mortgage-with-two-lenders-at-once
一开始就quote七八家， 然后拿underwritting approval ，然后看房下offer ，然后和他们说你要lock利率。
让所有人给你出lock利率statement，里面有所有的fee和credit。
最后选最低的几家同时开始做loan, 无非损失额外的appraisal fee。
现在appraisal gap概率很大，一个做不下来，再找另一个都晚了，早点一起开始，谁先做下来就跟谁签，他们知道你另外有一个backup loan以后反而对你的case很上心。
而且说好的rate，各种谈不下来，直接给出另一家银行的estimate，二话不说给你match到最低
最后就只是付了几份appraisal fee, 没有其他额外的费用。多付的appraisal fee 相当于是买了份保险，保证贷款能过。
只是买个保险罢了 这个一直有人会这么做
同时找两个loan agent, 就是你做完另外一个agent肯定就拉黑你了
Advantages of applying with multiple mortgage lenders
Fact: Nearly one in ten home purchase applications are denied. And 13% of all refinance applications are denied.
If so many mortgage applications are turned down, a little “insurance” could translate into a lot of peace of mind. This is especially true if you have less–than–perfect credit.
Another reason to shop around is that mortgage programs, closing costs, interest rates and service can vary significantly from one lender to the next. Obtaining more than one loan approval allows you to test the waters with lenders and compare Loan Estimates.
And that’s not empty advice. This strategy is proven to work.
The Consumer Financial Protection Bureau (CFPB) says that if just 20% of homebuyers would get an extra quote, they would collectively save $4 billion a year due to increased competition between mortgage lenders.
https://themortgagereports.com/26611/can-you-apply-for-a-mortgage-with-two-lenders-at-once
就是个数字游戏
buyer agent带人看几个月的房子，陪跑几十个offer，最后买不下来一分钱都赚不到常有的事儿，每个offer至少得花1个小时准备吧，loan agent做熟了也就1个小时的事情，白嫖率也就50%而已，buyer agent下20个offer中一个，白嫖率95%
另一方面你对loan agent忠诚，把材料交上去，最后一刻loan被拒了，她损失一个小时的工作，你损失几万甚至几十万的deposit
而且所谓的loan agent都类似给under writer 打工的，相当于买车的时候销售给manager打工一样，做成一单收提成，你买车都还至少货比三家呢，何况是买房
最后，做backup loan这件事情是一个loan agent自己给我推荐的，还告诉我怎么跟另一个loan agent要loan estimation，他们自己也是acknowledge这件事情的， 你别那么大精神负担
进offer以后你就知道精神压力有多大了，万一做不下来大几万的deposit直接损失，碰上不给力的agent，把你的材料审都不审就提交给underwriter，一不小心就作废一个，没有backup loan，一个月都睡不好觉。而且现在appraisal gap概率很大，一个做不下来，再找另一个都晚了，早点一起开始，谁先做下来就跟谁签，他们知道你另外有一个backup loan以后反而对你的case很上心。而且说好的rate，各种谈不下来，直接给出另一家银行的estimation，二话不说给你match到最低，不香吗
给大伙提个醒，目前我的loan officer告诉我他们银行估价几乎都会有少的，少的很夸张的不多，但是少个5万10万的不少。
Appraisal有一个热卖区的加成, appraisal低10万算少的了吧，可以去问问今年1，2月份成交的房子appraisal低了10万20万左右的有几个
10W算少了…最近appraisal完全跟不上加价,
按照周围close的卖价，appraisal价格基本远低于最后的卖价，加上全waive感觉现金不足的风险极大
我上次那个贷款经济很不地道，到最后多出几千的fee，出尔反尔，为了close只好继续，从此不会再找她, but if you have a back up loan application, you can just tell him:" you are fired." and you can go to the next lender.
热门买房地区，看到有的人的房子appraisal 比purchase price 低了十万美金，在现在这个房市是很有可能的，这种情况下，一开始就有两个贷款agent 就更有必要了。
万一一个appraisal 低了，另外一个还可以顶上。
从概率的角度说，一个贷款有10%被拒绝的概率，两个就只有10%X10%=1%了，三个贷款就只有千分之一的概率了。
所以三个贷款同时做，是成功率最高的。
贷款被拒是有相关性的。
so long, mark first
事实大概也是如此 这世道歪招太多.
手里几个老相好的agent，quote rate无可厚非。quote之后很容易就可以比较rate选一个做下去，不需要大家一起做。
先码再看