Wholesale Interest Rates
Ultra Low Fees
No Monkey Business
Complete My Loan Application
Upload a Few Docs
Super Fast Pre-Approvals
As An Exclusive Buyer’s Broker And Loan Officer, I’ve Helped Nearly 1,000 Families Purchase A Home!
wholesale rates
full transparency
fiduciary duty
I play nicely with realtors
lowest possible price
buyers only since 1995
An Accidental Loan Officer
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Exclusive Buyer’s Broker & Owner of HelpUBuy America
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29-years experience working with home buyers
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Mortgage Loan Officer
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B.S., Texas A&M University, College Station
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Graduate, Sheffield School of Interior Design, NYC
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Zillow Contributing Writer & 5-Star Agent
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Best selling author of four (4) books for home buyers
Finding an honest mortgage broker shouldn’t be as daunting as buying a house in the first place.
Humble Brags
I’ve been in business since long before online reviews become a thing. Now that they are, you’ll find many a glowing review about me on Zillow, Trulia, Google, Yelp, HAR, Facebook, and elsewhere.
You Ask, I Answer
Can you be my loan officer and my Realtor?
I work with a very limited number of home buyers in the Dallas-Fort Worth area. Please visit https://HelpUBuyAmerica.com to learn more about Exclusive Buyer’s Agency and my services. If I can’t represent you, I’ll gladly help you find a buyer-friendly agent in your area.
Note: I am not in the business of “stealing” clients from other agents. If you’re already working with another agent, I won’t be able to represent you. If you need a “sanity” check about something going on with your transaction, consider me a resource for advice and guidance. However, it would be unethical for me to interfere with your relationship with your agent.
How can you save me money?
All mortgage brokers have access to roughly the same wholesale rates. The company decides how much profit it wishes to make on each loan—usually 2.5-2.75% of the loan amount—and adds it to the price of the loan either on the front end as an origination fee or on the back end as a yield spread premium.
I earn about half of what other loan officers charge, saving my borrower clients thousands of dollars upfront and potentially tens of thousands over the life of their loan.
Is a broker better than a direct lender?
There are a lot of reasons why brokers are better. The most obvious reason is that mortgage brokers have access to dozens of wholesale lenders and can offer much lower rates and fees than retail lenders, saving you thousands of dollars over the life of the loan. By contrast, retail lenders offer only a few different loans, and their pricing is fixed.
Here are some other reasons why brokers are better than bankers:
- Brokers are required to disclose their compensation, and bankers are not. This means bank consumers are often in the dark about what percentage of their money is going toward the house and what percentage is going into their banker’s pockets.
- Brokers are compensated in two ways: by the borrower or by the lender through which they send the loan. Regardless of the source, each broker charges their borrowers the same percentage. When the lender compensates a broker, and the chosen rate includes a rebate, the broker is obligated to pass on those savings to the borrower by applying them to the closing costs. In contrast, a banker typically keeps that potential savings as additional revenue.
- Brokers have compensation caps. QM rules prohibit brokers from making more than 3% on a loan. Bankers often make substantially more than 3% on loans and have no such rules. Higher compensations for bankers mean higher rates for consumers.
- Sometimes, broker compensation—even if a lender credit offsets other costs—is included in the APR. Conversely, lender compensation is NEVER included in the APR unless generated with fees. This creates scenarios where the consumer’s bottom line is better with a broker, even if the broker shows a higher APR than a mortgage banker. In other words, the banker’s APR is artificially low because they do not have the same duty to disclose as brokers.
While brokers and bankers seemingly serve the same role, the truth isn’t as straightforward.
How to get the best rate?
Interest rates are based on the lender’s risk. The higher the risk to the lender, the higher the cost to the borrower. Conversley, the lower the risk to the lender, the lower the cost to the borrower.
Borrowers with good credit, lots of assets, a larger down payment, and steady employment/income are deemed to be less risky than those with lower scores, smaller down payments, and inconsistent earnings, and therefore qualify for the best rates.
How Can I Help?
Years Experience
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Repeat Business
%
Retention Rate
Conventional
Government Loans
Jumbo
Self Employed
All Are Welcome Here.
All races. All sexual orientations and identities. All religions & the irreligious. All countries of origin. All abilities & disabilities. All langugages. All ages. All political affilations. ALL are welcome here.
Get a Great Rate on a Mortgage
Do This Right Now!!
Credit reporting agencies like Equifax, Transunion, and Experia are legally allowed to sell your name to other lenders and insurers after you apply for a loan, and your lender does a hard credit pull. It’s not uncommon for borrowers to receive hundreds of unsolicited calls, texts, and emails from credit providers. You have the right to “opt out” of these offers, which prevents them from contacting you. Follow the link below to do so, and be sure to allow at least a week for your request to be processed.
What’s the Difference?
Pre-Qualification
Getting pre-qualified is a good step for first-time home buyers who are just testing the waters and aren’t ready to jump in. You’ll share information about your employment, credit, income, assets, and debts, and I’ll estimate how much you can borrow. I’ll also let you know how much cash you’ll need to close and what you can expect your monthly mortgage payment to be. No pre-qualification letters are issued at this stage.
Pre-Approval
Ready to take the next step? Pre-approval is a comprehensive process that verifies your income, employment, and assets. I’ll review your W-2s, bank statements, and paystubs, and run a soft credit report that won’t impact your credit score. If everything checks out, I’ll issue a custom pre-approval letter. This letter will clearly state the amount and type of mortgage I can offer, along with the terms. For well-qualified buyers, this is all that’s needed to issue a pre-approval letter.
Certified Pre-Approval
A certified, underwritten pre-approval takes the process even further! In addition to reviewing your documents, I’ll run a tri-pull hard credit report and run your file through Fannie Mae and Freddie Mac’s underwriting system for approval. Loans that have AUS approval still have to be manually reviewed by an underwriter, but a preliminary loan approval means your loan can close more quickly, and you are far less likely to have your loan denied at the last minute.
About My Iconic Monkey
I started my real estate brokerage in 1995 when most Realtors had their glamour shots and “I Sell Houses” bling posted all over town. As a 20-something, anti-establishment type, I decided to use a picture of a monkey rather than a picture of myself. For better or worse, I’ve been the “monkey lady” for 29 years and counting. You can read all about it by following the link below.