St. Louis Highest Rated Mortgage Company By: Joseph Bayer Sr.
Some industries' differences are subtle like the old song comparing potato and tomato.
Is it poTAYto or ?
Is it, toMAYto or toMAHto?
The song is an expression, meaning an “unimportant difference”. In other words, who cares?
Most mortgage lenders are like poTAYtoes or toMAHtoes, there is little difference. Most all mortgage lenders sell their loans. Lenders that say otherwise are most likely not explaining it correctly to consumers. Some lenders collect payments in their names, they service the loan for the end lender. But, that does not mean they own the loan. Is that important? It’s poTAYtoes and toMAHtoes.
Home buyers should remember, your choice of a lender should be exactly that... your choice. That means the quality of your mortgage experience is up to you and only you. It is not your Realtor’s® role to choose your lender. Unfortunately, too often Realtors push lenders on their clients. This is usually because their choice is based upon personal marketing agreements with specific lenders, or their company has such a relationship. There is nothing inherently wrong with a business-to-business relationship as long as you cross-check it. Picture this image in your mind - your mother is leaning over you wagging her finger and saying these words – “Did you look for it yourself?” Sorry, but Mom was right!
Buying a home can be an anxious time. Making an uneducated choice of a lender could mean more than a nightmare experience. In this seller’s market, if your lender cannot perform you could lose the house. You may have only one chance to get that home. You should always assume that the listing agent has a backup list of other people wanting your home. Remember your mother!
A little research on your part is part of your responsibility. In today’s world, you have access to the experiences of homebuyers. It is called Google® Many so-called reviews can be manipulated, stick with Google®. Reviews are the gold-standard of reviews. Go into Google and type the name of any lender you want. You will find their overall score like 0 to 5. Five (5✰) stars are the best. And, the number of clients posting reviews, 115 just happens to be an excellent number as well.
Remember, it is not an accident that lenders have high marks on Google. It is also not an accident when lenders have low marks on Google.
Seriously, you should research all lenders you are considering, or your agent is recommending. If not here is another,
“You have no one to blame but yourself” Love Mom.
We Think. We Care. We Deliver! AND, we will be with you every step of the way to guide and educate you through the home buying process. Call or email us today with any questions about your mortgage or if you are ready to get pre-approved for the next home! 314.878.7900, or info@firstintegrity.com.