Fifty-one percent, in fact, rely on their agent to recommend a lender, and that creates an opportunity to show value.įor a potential buyer whose only holdup may be a fear of mortgages, an agent competent in the lending process could be the difference between purchasing and choosing to rent for another year. Most people do not take or ask for mortgage advice – respondents were 11 percent more likely to ask for vacation advice than mortgage advice, and were twice as likely to compare options when buying a TV than when selecting a mortgage. One of the valuable sources to which Rhodes was eluding is real estate agents. “Unfortunately, many of the most valuable resources available to buyers go grossly under-utilized, but with the right guidance and support, owning a home can be one of the biggest contributing factors to long-term financial success.” An opportunity to show value Sente Mortgage 5. “The homebuying process is complex, and it’s clear that for many of today’s consumers, gaps in financial education are leading to some risky purchase behaviors,” said Tom Rhodes, CEO of Sente Mortgage. A new fear of mortgagesįorty-four percent of survey respondents described the mortgage process as scary or intimidating 30 percent were unsure what mortgage amount they could afford 25 percent said that they did not understand the long-term financial impact of buying a home and one in five admitted they did not have the financial education necessary to make a home purchase. After all, its complexity was one of the causes of the sub-prime mortgage market collapse, along with why so few people saw it coming. And as Sente Mortgage’s research makes clear, that complexity could be scaring away prospective homebuyers. The mortgage process is not a simple one. The problem is that most (70 percent) do not know how or where to start the process. Our amazing Houston team has re-opened all of our Houston area offices. Judge Lina Hidalgo in Houston s East End this weekend Jane Fonda Lina Hidalgo. Posts - See Instagram photos and videos from Sente Mortgage (sentemortgage). Sente Mortgage offers the following products or services: Mortgage Broker. Royaume Uni la Premi re ministre britannique Liz Truss pr sente sa d. Our purpose and values drive everything, from how. consumers recognize buying a home as a better financial decision than renting, a national survey from Sente Mortgage confirmed. Paige McElreath Sales Lead Works at Sente Mortgage Houston, TX Company Description I currently work for Sente Mortgage located in Houston, TX. Sente was founded with a vision to become a different kind of mortgage company one with a higher purpose of creating financial possibility. The overwhelming majority (92 percent) of U.S.
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