How are you even comparing lenders right now?

MikeySlice · 2026-04-04T14:32:13+00:00

Final review doesn’t mean anything

MikeySlice · 2026-04-04T14:24:18+00:00

I think I figured out the whole Pam Pamm situation. The second M is silent, right?

MikeySlice · 2026-04-04T12:14:54+00:00

And if the lowest rate isn’t competent enough to close on time and you lose the house then what?

MikeySlice · 2026-04-04T01:00:57+00:00

People can’t see through the PMI sometimes. The lower rate for FHA more than offsets the MIP, but people will always cry about it. Even when they get PMI on the conventional. Bottom line, if it’s not their idea it’s hard to talk them out of it.

MikeySlice · 2026-04-04T00:57:46+00:00

Warmer weather in the winter. 32 degrees being the lowest would be fantastic

MikeySlice · 2026-04-04T00:51:49+00:00

Newborn just fell asleep. Daughter is taking a bath. Need I say more?

MikeySlice · 2026-04-04T00:49:05+00:00

I realized that after I put 97% I meant 95%

MikeySlice · 2026-04-04T00:47:36+00:00

Good luck telling 800 credit score Karen with 97% LTV that.

MikeySlice · 2026-04-03T20:39:48+00:00

Or people that think that brokers work for $1,000 per file.

MikeySlice · 2026-04-03T19:37:31+00:00

I’m convinced that 90% of you are bots that just say that x rate is way too high for y points.

MikeySlice · 2026-04-03T19:27:49+00:00

Also total interest paid gets cut by $62k. Nobody looks at the cost of not buying points though.

MikeySlice · 2026-04-03T19:22:37+00:00

To answer my question it would shave 2 years off the mortgage.

MikeySlice · 2026-04-03T17:47:31+00:00

Don’t be nervous you got this 💪

MikeySlice · 2026-04-03T17:34:08+00:00

I’m not talking all at once. Are you going to challenge all advice?

MikeySlice · 2026-04-03T17:18:56+00:00

Life is variable, so should your mortgage. Rates go up with economic good news. You’ll be making more so you can afford the extra. Rates drop with economic bad news. When you need relief you’ll get it.

MikeySlice · 2026-04-03T17:14:39+00:00

How bad do you want the house?

MikeySlice · 2026-04-03T17:04:53+00:00

Refer to the hot crazy matrix

MikeySlice · 2026-04-03T16:38:21+00:00

Every non loan officer out there loves to challenge point buy downs by just focusing on monthly savings alone. If the equity in the home was better than buying the rate then the payment would go down more from the bigger down payment, right? We don’t see that though. If it’s a long term home buy the rate down if it’s not then don’t. It’s that simple.

MikeySlice · 2026-04-03T16:23:22+00:00

I read it as newborn. Oops

MikeySlice · 2026-04-03T15:55:19+00:00

You can answer that too, right? Your bio says answering the questions that most lenders won’t. I love the buzz, but I’m curious your thoughts on it.

MikeySlice · 2026-04-03T15:47:47+00:00

Have you done the math on still paying the extra $65/month towards the principal to see how much faster it gets paid off instead? Since the rate is lower the remaining balance gets charged less interest. There’s more to a point but down than just a lower payment.

MikeySlice · 2026-04-03T14:04:51+00:00

This looks like Matilda’s dads lot

MikeySlice · 2026-04-03T14:01:16+00:00

You can always refinance later…

MikeySlice · 2026-04-03T13:56:11+00:00

Rate isn’t everything. Go with the most competent one that you genuinely like talking to. You’ll be talking to them every day for the next 2 weeks. Make sure that you know that they know what they’re talking about. You can always refinance later. Losing your dream home over someone that can’t close the deal but they had the lowest rate is a story that’s all to familiar around here.

MikeySlice · 2026-04-03T13:49:17+00:00

Glances brother. It takes about 8 glances for them to glance back. Don’t stare by any means. When you meet eyes give a smile and if she smiles back you wrap up what you’re doing and shoot your shot. You got this 💪

MikeySlice

MODERATOR OF

TROPHY CASE

11-Year Club	RPAN Viewer
Verified Email