subject: Eden Prairie Mortgage Lender, [print this page] Eden Prairie Mortgage Lender, Eden Prairie Mortgage Lender,
Warning! Your bank is costing you money. Doing mortgage lending with your local bank may be costing you thousands and thousands of dollars. So we put out this free eBook called the seven reasons mortgage lending from your bank may cost you thousands of dollars. We want to give it to you right now.
But first, I want to talk to you about the number one reason that mortgage lending through your local bank may be costing you thousands of dollars and that reason is, they may not have the best interest rate available in the market. Every day, every bank has a rate sheet that they put out to the public. It offers their interest rate for the day and every bank has a different rate on that rate sheet. It may vary as much as a half a percent in interest rate from bank to bank and the only way for you to know absolutely that you have the best interest rate available if you're working with local banks only is to apply for a loan at each individual bank.
You would go and apply at 100s of different banks if you really truly want to know that you're getting the best interest rate available. Now, not only is that time consuming and a hassle, you'd literally have to do the full application. You have to enter all your name information, your social security number, your work history, your income affidaviteverything you need to have all of that completed at every individual bank to be able to know that the rate, so if you work with a local mortgage broker or a local mortgage lender, they have access to all of those banks. You only need to do one application and you can save yourself hours and hours of time and know that you're getting the best interest rate on the market. Mortgage Brokers are the answer.
So let me talk to you briefly about how that can cost you money. Let's say you have a $200,000.00 loan and you have a quarter percent too high, you pay an interest rate because you did not shop the market and know you were getting the best rate. You could see by this chart that over five, fifteen years or thirty years that it's thousands and thousands of dollars. As a matter of fact, a quarter percent difference in interest rate over a 30-year window of time is $7614.00. That is a lot of money!
The eBook is available, please read it! It's free! You can decide for yourself. Look, it's your money. At least look at what the options are in the marketplace. You can go to EdenPrairiemortgagelender.com to download the free eBook.
