Over the last month, I have had two potential clients give me a loan scenario to price out for them. When I told them the days rate, they both told me that 'the other guy' was quoting them the same rate. I told them that the way Road to Home Mortgage is structured, we should beat almost any other lender out there. The best way to compare fees and pricing is with a Loan Estimate. It is required of lenders to send out a Loan Estimate in 3 business days or less once you have specific information from a borrower (such as their name, income, address, etc). After reviewing my Loan Estimate to 'the other guys', I saved both of these borrowers thousands of dollars. One was over $4200 in just fees, and the other one was over $1700 in fees and $1600 in lower mortgage insurance for the loan.
While the rate might look the same, you still might be paying thousands of dollars extra in other fees!
Here are some things to look for on your loan estimate:
Below is a screenshot taken from the website mentioned above. You can take 5 minutes to review the details of a loan. It could potentially save you thousands of dollars!
Until next time!
Through December 31st, all appraisals will be credited up to $525
Want to save yourself some $? Get a no-cost appraisal! Only our preferred lender
provides a credit to your clients up to $525 on ALL CONVENTIONAL loans. We save your hundreds
of dollars off, while you still enjoy a great low rate. Coupled with our fast closings,Road to Home Mortgage is the way to go.
In addition to saving up to $525 on your appraisal, we give your access to:
● Some of the lowest rates and cheapest mortgage insurance in the country
● Closings in 15 days or less
● Down payment programs with as little as 3%
$525 Appraisal Credit with Homeready and Home Posssible!
Want to save money on your next Refinance or Purchase? Only Road To Home Mortgage can credit you up to $525 on both Home Possible and HomeReady loans which have an income limit of $69,100. Both programs are great alternatives to FHA and, when coupled with Road To Home Mortgage's better pricing, you may save up to hundreds of dollars off your monthly payment, while still enjoying a great low rate.
In addition to saving you up to $525 on your appraisal, HomeReady and Home Possible loans give you access to:
Some of the cheapest Borrower Paid Mortgage Insurance in the country
Improved pricing to match regular conventional 30-year fixed pricing
Down payment programs with as little as 3%
Exciting news for all our Arizona borrowers looking to refinance their home! Our wholesale partner has just increased the cash-out maximum from 80% to 85% LTV. This means on a $400,000 home value, you can do a cash-out up to $340,000. You can have more money on hand! This is just another way Road to Home Mortgage is giving you more options on your real estate!
Some of the Program Highlights:
Contact us today if you have any questions! 602-888-7990
At Road to Home Mortgage we are showcasing local businesses around Greater Phoenix. If you haven’t heard of Oven + Vine, you should! It’s a fantastic local restaurant where you can relax and enjoy the delicious food in a remodeled 1940’s Vaughn residence. They also opened a little coffee shop by the restaurant called Birdhaus Coffee. Evan recently spoke with Dylan who is the owner of Oven + Vine with his wife.
How did you get started in the restaurant industry?
Our restaurant journey began after a weekend trip to a small town in Colorado while we were both in college. We ate at a few places up there and were disappointed in the food. We dropped out of college, moved up to that small town in Colorado, and started The Countryside Coffeehouse. A few years later we made it back to AZ and after one other restaurant venture we started our current restaurant Oven + Vine.
How do you maintain the neighborhood feel to your restaurant?
We try to keep Oven + Vine casual as we don’t have uniforms or a hostess. We want our customers to come in and feel as though they are eating at a friends house. Our prices are affordable and this allows our customers to come visit us more often. We have some customers visiting us 3+ times a week!
What’s your favorite dish in your restaurant?
The green chile pork is hands down my favorite. My wife grew up in New Mexico and as a teenager, she learned how to make some awesome green chile pork. In our restaurant we slow roast our pork and marinate it in green chile.
Do you have any favorite local restaurants in town?
We are big fans of St. Francis and Richardsons. I also remember going to Pizzeria Bianco before the 3 hour waits existed!
You serve a wide array of wine. How do you choose which wine to offer?
We have 8-9 wine companies visit our restaurant every week! Many times the winemakers and owners come share their knowledge of wine with us. We usually try 20-30 wines a week. We always try to find wine that taste great, but that is also affordable.
This is a family business. How is it to work with your family?
The best way I can describe it is unique! Most people think you can’t work with your wife and family. We have made it work great, and we enjoy spending the extra time together!
You recently opened Birdhaus coffee bar which also serves fresh waffles. What do you like on your waffles?
I’m a simple guy when it comes to my waffles! I like my waffles with the organic maple syrup that we have at Birdhaus.
What’s your most popular dish?
People are in love with our flatbread! Right now our most popular one is the sausage and mushroom flatbread.
If this interview got you hungry, go check them out! We love showcasing local businesses! If you would like to be featured on our site, please let us know! Info@rthmortgage.com
Oven + Vine: http://ovenandvine.com
14 W Vernon Ave, Phoenix, AZ 85003
Birdhaus Coffee: http://birdhauscoffee.com
At Road to Home mortgage we love this product because the rates are better, the guidelines are easier, and the turn times on this product is faster than on Jumbo loans! Call us today to get current home mortgage rates, and see what Road to Home Mortgage can do for you and your clients!
Nick Ptak from The Brokery