Mortgage Rates Negotiation Steps
Step 1. Mention to your Loan Officer that you are shopping around for mortgages, let them know that you are trying to find the best possible deal.
Step 2. Talk to more than 1 company. If you receive a superior offer from one and think the other can produce more favorable terms provide them with a copy of a Loan Estimate to see if he or she can beat it. Often, they can!
Step 3. Enjoy your savings for having negotiated your way into a better deal!
What We Know
Follow these simple steps to position yourself with a lower long term interest rate giving you prolonged savings and instant out of pocket protection!
Expert Tip
For best results shop your mortgage rates with your local Mortgage Brokers and not big banks. Big banks have set closing costs and firm interest rates eliminating your ability to negotiate a better deal. Mortgage Brokers have access to wholesale interest rates that big banks can’t keep up with!
Reach out to your local Mortgage Broker to see what they can do for you.
How to Negotiate Your Mortgage Rates and Closing Costs | Rock Mortgage — Houston, Texas
