One lender quotes 7.25 with no points.
Another quotes 6.99 with one point.
Another quotes 7.10 with a lender credit.
Which one is better?
Most people can't tell.
Not because they're bad with money.
Because mortgage quotes are hard to compare unless someone shows you the full picture.
In a quick Zoom, I'll help you see which quote is actually better - and what the difference means in real dollars.
Every mortgage has a range of available pricing based on your loan type, credit score, down payment, property, and situation.
Inside that range:
There may be a lower rate with more upfront cost.
There may be a slightly higher rate with less upfront cost.
There may be lender credits that lower your cash to close.
There may be points that lower your rate but cost you money today.
There may be fees that change the true cost of the quote.
That's why the number you see is not always the full story.
I'm Keith Goeringer, an independent mortgage advisor since 2003 with Barrett Financial Group - one of the largest mortgage brokers in the country, backed by 150+ wholesale lending partnerships.
On a quick Zoom, I open the live pricing engine and show you what is available for your exact situation, in real time, across every lender I work with.
You see the options.
You see how the rate changes when points, fees, and credits change.
You see where the quotes you've received fit into the bigger picture.
And you understand what the difference means in real dollars.
615.955.0461
No form. No pitch. No obligation. Just an honest conversation.
Text Keith: 615.955.0461Keith Goeringer
Independent Mortgage Advisor | 180+ Lenders | Since 2003 | Franklin, TN
P.S. Rates change daily. The sooner you understand how mortgage pricing actually works, the better positioned you'll be, no matter when you decide to buy.
Keith Goeringer | NMLS #488023 | Barrett Financial Group | Franklin, TN
Equal Housing Lender. This is not a commitment to lend. All loans subject to credit approval. Rates and terms subject to change without notice.