Purchasing a home is one of the largest financial decisions you will make. Disclosures, industry terminology, interest rates, closing costs, and unfamiliar numbers can be confusing. Why navigate them alone?
For a one-time fee of $499, Mortgage Advocate puts 36 years of mortgage industry experience in your corner. Robert Heath Jr. helps you understand what your lender is telling you, what you are signing, and what you are paying.
- Review Loan Estimates and mortgage disclosures.
- Explain fees, closing costs, and mortgage terminology.
- Evaluate rate locks and the overall competitiveness of your offer.
- Communicate and negotiate with lenders on your behalf, with your authorization.
If a participating lender offers a better overall deal and you choose to switch and close with that lender, you may receive a $499 lender credit at closing, subject to lender terms and applicable limits.
Did you know? On a $500,000, 30-year fixed mortgage, a rate reduction from 6.50% to 6.25% could save approximately $29,500 in interest over the full term, assuming scheduled payments and no early payoff. Example only; results vary.