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Leopoldo Gonzalez

NMLS ID 1684159

407-856-5622 Info@amglenders.com

Learn how to beat no closing costs lenders at their own game

The old way of doing business is about to disappear and if you don’t change you will go the way of the dodo. Some large lenders are now offering no closing costs loans by paying all of the buyers closing costs if they use their real estate company to buy a home. Companies like Zillow are getting into the real estate brokerage business and Amazon wants to do mortgages (check out this article on Bankrate.com), the future is here and now. The days of 6% commission are gone! While this is great news for consumers, it’s bad news for Realtors. But there is a ...

June 27th, 2018 Learn how to beat no closing costs lenders at their own game

Avoid Junk Lender Fees

Learn the little secret that most lenders do not want you to know about: Junk lender Fees. These fees are hidden in your loan and to the homebuyer seem like must pay fees, but in reality, they are not. If you ask the right questions from the get-go, you can learn to avoid these fees. Ask your lender if they have fees A very simple question, but in all my years as a Loan Officer, rarely asked by anyone. Homebuyers ask all sorts of questions about the home they are buying to the Realtor, but never ask the lender what they charge. These fees will increase your closing costs...

June 27th, 2018 Avoid Junk Lender Fees