How borrowers can make the most of lender credits
Update: 2021-08-05
Description
Most borrowers have no idea that they can have a higher interest rate in exchange for lender credits that can be used to lower their closing costs. Lender credits can save loans and allow borrowers that would normally be short on funds to close, to have enough money to become homeowners. This episode goes over different ways that borrowers can use lender credits to make the most them. Not all borrowers will be able to have lender credits and in some cases they may even have to pay for the interest rate they are getting but will depend on different factors. Listen in and find out who will normally qualify for lender credits and how you can maximize this opportunity.
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