Shopping for a mortgage is complex at best -- even for the savvy previous home owner. Daily rate changes, time-sensitive lock-in periods, points, lender's fees... plus the emotional element of probably the largest purchase any of us will ever make. Throw in to this already murky stew the ingredients of tricky rate advertising, commissions for every officer, agent and broker who 'helps' in your transaction, and the obscure differences between rates and fees. It's no mystery that many people settle for a mortgage that exceeds their monetary means out of sheer exasperation!

So, what can you do? The answer is education. If you know how to shop for a mortgage -- the questions to ask, the language to speak, the tools to employ -- we then possess the knowledge to secure the best deal.

The following is a simple primer to shine a light of clarity into the darker corners of mortgage lending. Read everything, familiarize yourself with the terminology -- and see how easy it is to secure the best possible mortgage with the lowest possible costs.

My motto is "EDUCATE, NOT MANIPULATE."  Not all lenders share the same feeling...unfortunately.

Best Rate or Lowest Costs? A common mistake shoppers make is to ask: "What's your best rate?" or "What are your closing costs?" Both logical questions to ask, but they do not give the response most borrowers need to make a proper decision. Borrowers must understand both rates and fees. Rates are only half the answer to getting the best deal. It is possible end up with the lowest rate but not necessarily the best deal.  .

Simply put, the lowest rate & the lowest fees do not go hand-in-hand. NO LENDER can offer both together. I can give you rock bottom rates, but it will cost you in fees. I can give you the lowest fees, but it will cost you in interest rate. Most lenders quote their best rate in combination with you covering all third party fees (appraisal, credit report, title company, state taxes, county recording fees, etc) along with loan origination and/or broker fees.

Here at Van Dyk Mortgage Corp. we take pride in offering the LOWEST INTEREST RATES & LOWEST COST COMBINATION....I guarantee it, or I PERSONALLY pay you $250.00.  I personally take all the necessary steps to make the loan process easy for you....and best of all you will be dealing with someone who really cares about your needs and meeting your goals!

Whether you are buying a new home, refinancing to lower your rate, pay off your loan quicker, or just need a little extra cash, we have the program for you.   As your Personal Real Estate Finance/Mortgage Advisor, I will guide and assist you from the beginning of the transaction, through the closing and funding of your loan!