Resource Center
MORTGAGE SAN DIEGO
San Diego Mortgage Lender
Mortgage San Diego or San Diego Mortgage. Most likely you just typed one of those terms into a search engine and landed here because you are researching to obtain a mortgage in the San Diego area. We at 21daycash.com would like to provide you with honest information about the San Diego mortgage market.
The mortgage industry spends millions of dollars in advertising, mostly promoting great service or low rates. But, what is it that the San Diego mortgage customer really wants? Recent surveys say you want - honesty. I think that the San Diego mortgage customer deserves that honesty.
Whether you are looking for a San Diego mortgage loan to purchase your first house or to refinance your home, you should receive the following from your San Diego mortgage lender or San Diego mortgage broker:
- Rate locks. A mortgage rate is locked when the borrower is provided written confirmation stating that the rate has really been locked.
- Closing cost guarantee. First party costs should be guaranteed by all San Diego mortgage lenders and San Diego mortgage brokers. If your San Diego mortgage lender or San Diego mortgage broker will not guarantee their own fees, then go somewhere else. Also, there should be a guarantee on all third party fees, such as the credit report and the appraisal, that no mark ups will be added by the lender or that any mark up is not disclosed.
SAN DIEGO MORTGAGE SHOPPING
Select an San Diego mortgage lender based on rate, points, and a guaranteed total of lender fees specified in dollars. All three of these points should be covered in your discussions about your mortgage. Do not be afraid to be the one to bring them up. Each one of these points – rates, points, and guaranteed total of lender fees – need to be discussed individually in order to protect yourself.
WHO DO YOU TRUST?
I’ve just provided the very basics of the most important aspects of what to look for and how to protect yourself when shopping for an San Diego mortgage loan. Almost every loan officer, mortgage lender, and mortgage broker you speak with will directly or indirectly try to convince you that they are trustworthy. Many San Diego mortgage personnel are trustworthy and reliable, but there are others that have a financial incentive to charge you as much as possible. We at Providers Financial will work to earn and to keep your trust.