In this episode of the TCG Pro show we sit down with home mortgage expert Tyler Hickernell of Certainty Home Loans in Greensboro NC. Tyler has a Master’s in finance and has spent the last 6 years with Certainty.
While the majority of consumers just visit their local bank when looking for a mortgage, this is not necessarily the best route. Tyler explains why shopping around and considering a mortgage company can be a wise decision. Whether it’s rates, fees or terms when getting a mortgage can make a difference in what you pay. According to Tyler, customer service is at the heart of a great experience and when you work with Tyler, he always makes sure to be there to answer calls and help his clients even on the weekends and holidays.
When it comes to getting a great rate, your credit score is the dominating factor. Your credit score and down payment also is the determining factor in whether or not you are required to have PMI. Private mortgage insurance increases the cost of a loan.
Other questions discussed in this episode
How much should you put down on a house and is it important to do more than the bare minimum?
Does your mortgage company care how old your roof is? Are inspections required? How is this different with VA, FHA or other special loan programs?
Renovation of older homes is all the rage. How can a company like Certainty help you with renovations and how can having a specialized type of loan make that process easier and smoother? What does that process look like?
How can you get a credit to help cover closing costs by working for a certain company or are a local service person like fire fighters and policeman.
How has Certainty moved the loan application process online and into the 21st century and how can this make the process smoother and easier for the client?
Tyler shares the following advice. He recommends never sitting on the fence once you are qualified and good to go, you never know what could happen. Especially when rates are historically low like they are right now.
If you’re looking to get a loan in the near future, hold off on that car purchase or opening other major credit accounts as this can drastically affect your credit score.
And it’s always a good idea to check your credit before getting started through an online source.
If you need further assistance or want to get things started with an online loan application contact Tyler directly
cell (336) 423-3542