Locking Rates Most Effectively:
With the Equity and Bond Markets extremely volatile, mortgage rates change daily and sometime hourly. It is ever more important for the Agent and Lender to communicate the moment a potential buyer is even considering making an offer on a property. I have saved my clients sometimes a half percentage point in rate simply because I knew the moment an offer was going to be submitted and secured a rate before other lenders had a chance to react. This tactic has not only won me more loans but (more importantly) we became heros in the eyes of our buyer.
Jim Jordan ~ Austin Loan Officer ~ 512-502-9924
Date: Tuesday, July, 1st 2008 @ 09:50:27 AMViews: 128
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