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Ep. 28 How are they Paid? (Loan Officers and Lenders Version)

Ep. 28 How are they Paid?  (Loan Officers and Lenders Version)
Oct 17, 2019 · 14m 26s

Just like anything in life, it's important to evaluate everyone and everything in the real estate transaction. Understanding the value of a good lender and why you are paying for...

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Just like anything in life, it's important to evaluate everyone and everything in the real estate transaction. Understanding the value of a good lender and why you are paying for them is important and will help your decision when choosing. I sat down with a trusted lender (Ward Kerlin) and talked about the mortgage industry and how they make their money and what to consider when you are choosing a mortgage lender or bank. Measuring the value given to you and what that cost looks like is the first question they should be answering. Another factor to consider when choosing a mortgage lender who is 100% commission over a salaried employee, the stakes are much higher for them and they have skin in the game to make sure they get the buyer to the closing table. Real estate transactions are done right with a group of individuals who work toward the same goal of settling on your dream home or next investment. Hope you enjoy today's discussion!
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Author David Shalaway
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