The Trouble with Mortgages
First of all, we get it. Securing a home loan of any kind - whether it’s a first time mortgage, reverse mortgage, or 203k loan - feels tedious, overwhelming, and down right confusing.
To make matters worse, the average person doesn’t spend much time brushing up on mortgage jargon and facts. Most people don’t learn about mortgages until it’s time to get one, and until then, their only knowledge of the mortgage process comes from catchy, uninformative commercials funded by the top mortgage machines in the country.
So it’s no surprise that when it’s time to take out a mortgage, most people work with one of the well-known mortgage giants simply because their brand names have infiltrated enough TV, digital, radio, and print ads to roll off the tongue; not because they’re actually the best option.