Don't be fooled by the fast-talking, "sign-it-now before rates change," low-rate, free extras deals. A home mortgage is one of the largest financial decisions you make. Be aware of the pitfalls and become an educated buyer of professional mortgage services. Look for a referral to a trusted advisor. Someone you trust trusts us.
Don't be stressed by people who might want to take advantage of your unease with mortgage transactions by trying to hurry the decision-making process along. There are many types of mortgages and more than one may work well for you. If you hear that there is only one choice, then it may not be the right one for you.
Don't be fooled by those who say to hurry because rates are changing. Yes, rates change all the time, but its impact on your mortgage is hardly cause for alarm if you are not ready. If you are ready, rates can be locked in over the phone.
Don't be misled by advertisements for low rates that turn out to be false. Rates do change, and newspaper ads get outdated, but it is not an excuse for those in the mortgage business to get the phones ringing with misinformation.
Don't be impressed with lenders who promote "free appraisals" or "discounted origination fees." It is important to look at the overall loan package, not just one individual discounted item. When one item is discounted, others will have a higher cost. The Cauley Team seeks to treat you fairly and find a balance between a great interest rate and reasonable closing costs.
Don't put too much faith in online brokers. Can you verify their credentials? Will they be there to answer your questions? When you work with the Cauley Team, you'll know each of us personally, and we'll be there for you every step of the way. Contact The Cauley Team today at 248-642-4600. Email Perri Cauley at firstname.lastname@example.org or email Michael Cauley at email@example.com.