I want to circle back around and talk about rates here
Are rates going to go up? Are rates going to go down?
YES.. right?
I can go a lot deeper and talk about that for awhile
But, There is something we offer here at Primary Residential Mortgage
That is completely unique to the industry and its amazing!
It’s a 180 Day Lock and Shop program — check it out
Generally speaking you are not able to lock in your loan
Until you secure your property and find a home
Except with us!
With us I can actually lock in your interest rate upwards of 6 months!
While you are out shopping for a house
Now for rates staying stable or rates declining
that does nothing for you, but if rates are going up … that’s BIG
So we are able to lock in your loan, now, when you lock in loan for 6 months
The interest rates in terms aren’t as good, but once you find the property
I can bring it back down to market rates so you don’t pay extra for it
So if you end up taking the full 6 months you ended up getting a great
Financing structure, if you find a house in three weeks you are not penalized
For doing it, it’s kind of the best of both worlds
Look, I talk a lot about the emotional stress and client after client
Tells me “Scott, I never realized how stressful this is going to be”
I remember once I had a client tell me that he was concerned about
the stability of his marriage and he wanted to buy a house to help
stabilize things, and I’m like dude…this is a stressful ordeal
Taking a stressful situation and running it through one of the most stressful
things you could do together, I am not a counselor, but you may want to think
that one through a little bit right?
The stress is real.. And everything I can do to reduce the stress
Is what my mindset is focused on. And making sure
you don’t have to worry the interest rate getting out of hand
and your payment getting out of hand with it
Well I am here to help
I’m Scott DiGregorio, Your Mortgage Guy
If you are thinking about buying a house, reach out to me
I’m here to help, take care.
