November 3rd, 2016 10:20 AM by Christopher Lear
Quick note from Lear Financial Group:
I know it is 2016 and lending has changed a lot over the last few years but there are a few things you still need to know when getting a mortgage.
1) Yes, we ask for a lot of stuff.... 2) The reason we ask for so much stuff is to prove that you are who you say you are, you work where you say you work, you have the money that you say you have, and that your past is what you said it was. 3) Why don't we just trust you? Because like a good relationship gone bad, we trusted in the past and that didn't turn out so well. (See 2008 for reference.) 4) Yes, we do this to everyone. Yes, I think you are special but in the lending game, you are no more special than anyone else and we scrutinize you all the same. 5) Why do we care so much? Well, we are lending you money. With commas. Thousands and thousands of dollars. Hundreds upon hundreds of thousands of dollars even.
So, to summarize. We need a lot. We ask a lot. But we also lend a lot. And LOVE doing so.
Question for you - if you had billions to lend - what would you require in order to lend enough money for someone to buy or refinance a home? Wouldn't you want to insure you would be repaid? I would like to think so.
We are an extension of your team when it comes to getting you in the house or refinancing to take advantage of better terms. You're the main player. We are just helping navigate the plays to get across the goal line.
Lear Financial Group