Episode Description
<style> .embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } </style> <br /> <!--insert embed code here--> <iframe allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/lJX-OG44ndg" width="560"></iframe><br /><br /><!--end--> <div style="text-align: center;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="line-height: 21px;"><i><b><br />Selling</b></i></span><i style="line-height: 21px;"><b> your Dallas-Fort Worth home?</b> <span style="color: #990000;"><b><a href="http://instantbizsites.com/JennaHarris/free-evaluation" style="text-decoration: none;" target="_blank">Get a free home value report.</a></b></span></i></span></div><div style="font-family: "arial","tahoma","helvetica","freesans",sans-serif; font-size: 15.4px; line-height: 21.56px; text-align: center;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><b> Buying a Dallas Fort Worth home?</b> <span style="color: #990000;"><b><a href="http://swfortworthrealty.nuhomesource.com/idx/" style="text-decoration: none;" target="_blank">Get full MLS access here.</a></b></span></span></i><br /><br /><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"></b></b></span></span></i><br /><div dir="ltr" id="docs-internal-guid-8e63db66-ec69-f278-4e8a-ac64f07be2b4" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt; text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Today, </span><a href="https://fcloans.com/cpedison" style="text-decoration: none;"><span style="background-color: transparent; color: #1155cc; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: underline; vertical-align: baseline;">Chris Pedison of First Choice Loan Services</span></a><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;"> joins us again to address some of the biggest questions that homebuyers ask. Buying a home is one of the biggest purchases you’ll ever make, so</span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 700; text-decoration: none; vertical-align: baseline;"> it’s crucial that you are comfortable and confident with the professional company </span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">that is walking you through the process. <br /><br /></span></b></b></span></span></i></div><div style="text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"></b></b></span></span></i></div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt; text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">The first question you should ask a lender before hiring them is what company they work for -- you want to make sure they actually work with a company and are legit. You’re going to providing your information to this person, so </span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 700; text-decoration: none; vertical-align: baseline;">you want to make sure they can be trusted.<br /></span></b></b></span></span></i></div><div style="text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"></b></b></span></span></i></div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt; text-align: left;"><div class="separator" style="clear: both; text-align: center;"><a href="https://4.bp.blogspot.com/-c6B7dn7OqLk/VwU6TNmra5I/AAAAAAAApBE/HuU_qwotkeAF5cZuqZZmmZqO2SpSVtURw/s1600/JennaHarrisPullQuote4.6.16.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><br /><img border="0" height="100" src="https://4.bp.blogspot.com/-c6B7dn7OqLk/VwU6TNmra5I/AAAAAAAApBE/HuU_qwotkeAF5cZuqZZmmZqO2SpSVtURw/s400/JennaHarrisPullQuote4.6.16.jpg" width="400" /></a></div><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;"><br />Next, you should ask whether their company is a mortgage broker or a mortgage banker. A mortgage broker is usually a third party or middleman to a transaction and they work with many different lenders; </span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 700; text-decoration: none; vertical-align: baseline;">a mortgage a banker is lending their money directly, so they have a lot more control of the transaction. </span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">The process usually goes faster and smoother when you’re working directly with the bank that is lending the money. <br /><br /></span></b></b></span></span></i></div><div style="text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"></b></b></span></span></i></div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt; text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">A telltale sign that the company is a broker is when everything is underwritten by a third party. Brokers often operate remotely from another state, which can slow down the process. That’s why </span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 700; text-decoration: none; vertical-align: baseline;">it’s important to ask whether your loan officer is local. </span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">A local officer is going to be easier to get a hold of when you have questions and they will be easier to hold accountable as the process moves along. If you work with someone out of town, they likely won’t be familiar with the appraisers in the area, know appraisers in the area, or know how property taxes and other laws and regulations work in your state. A local appraiser will know all these things and more, so they will have no trouble making the lending process as smooth as possible.<br /><br /></span></b></b></span></span></i></div><div style="text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"></b></b></span></span></i></div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt; text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">In the age of the Internet, it’s pretty easy to jump online and find out information about lending officers before hiring one. </span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 700; text-decoration: none; vertical-align: baseline;">One thing you should look into is the fees the lender charges. </span><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">They might charge flat fees or percentages, which often include a loan origination or discount charge. It’s important to look into these to ensure a lending agent isn’t charging you excessively and to make sure you’re comfortable with what you’ll be charged. The best resource for information on lenders is </span><a href="http://www.nmlsconsumeraccess.org/" style="text-decoration: none;"><span style="background-color: transparent; color: #1155cc; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: underline; vertical-align: baseline;">NMLSConsumerAcess.org</span></a><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">. This resource is provided by the government, and it allows you to search loan originators and find out detailed information about their past transactions. <br /></span></b></b></span></span></i></div><div style="text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"></b></b></span></span></i></div><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt; text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;"><br />The mortgage market is changing every day, so it’s crucial to work with someone who is experienced, knowledgeable, and most importantly, someone you can trust. If you would like to get a hold of Chris, or if you have real estate questions of any kind, please don’t hesitate to reach out to us. We would love to hear from you! </span></b></b></span></span></i></div><div style="text-align: left;"><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b><b style="font-weight: normal;"> </b></b></span></span></i><i style="line-height: 21px;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="color: #990000;"><b></b></span></span></i></div></div>
