Are You Focusing on the Wrong Part of Mortgages?

If you’re used to clicking past mortgage talk, I totally get it. But if there’s one you stick around for, make it this one! It could put thousands of dollars back in your pocket.

Most buyers naturally focus on home price when going through the buying process. It’s what everyone talks about, and it’s what’s always front-and-center on listings. 

But it might not be the most important part of your mortgage! When it comes to what you’ll actually pay each month, and over the life of your loan, your mortgage rate, loan type, and timing can all make a huge difference in the amount you pay.

For example, a 1% difference in your interest rate could save you $100 to $300 per month. That adds up to over $3,000 a year, and close to $100,000 in savings over a 30-year loan.

Little things like this add up quickly, but many buyers don’t know how to take advantage of all the different options when it comes to their mortgage. This is often because they don’t know what to ask their lender, and they don’t have someone walking them through the options.

Here are a few key questions you should always ask your lender before you commit to a mortgage:

• What loan types do I qualify for? Not all loans offer the same terms. Certain loans will offer better rates, lower down payments, or more flexibility. It all depends on your situation!

• Are there any first-time homebuyer or down payment assistance programs I could use? These can cover closing costs or reduce your upfront expenses, all super helpful when getting into a home for the first time. 

• What are my rate lock options? Rates fluctuate constantly. Locking in at the right time can make a huge difference for your long-term savings. 

Getting answers to these questions puts you in a much stronger, more informed position. 

As a result, you’ll know your real budget, you’ll shop with more clarity, and you’ll avoid last-minute financial surprises that could derail your deal.

Whether you’re just getting started or already pre-approved and wondering if you got the best deal, I’m here to help you understand the process, ask the right questions, and make decisions that support your long-term goals.

Just reply to this email and I’ll help you walk through your options.