The Situation: A first-time homebuying couple was ready to purchase their $800,000 dream home, putting 20% down. Great credit, solid income, and plenty of assets—on paper, they were ideal borrowers. One of them even worked for a major bank and expected VIP treatment with a smooth approval process.
The Issue: I spotted a subtle but critical property concern that their bank, known for strict Fannie Mae interpretations, would likely flag. I warned them the loan might not pass under those rigid guidelines. Despite that, they moved forward with their bank.
The Outcome: Five weeks later, they came back—stressed, frustrated, and denied. Just as I had predicted. I stepped in, matched them with a more flexible lender, and guided them to a successful closing.
The Fallout: The delay caused unnecessary stress across the board—for the buyers, sellers, and both agents. All avoidable.
The Takeaway: You don’t buy a mortgage like you buy a box of cereal. This isn’t a commodity—it’s the cornerstone of your financial future. You need a Certified Mortgage Planning Specialist® who understands lending nuance, navigates challenges, and delivers consistent Five-Star Results!
Our rates and fees? Comparable to what you’ll find at “your bank.”
The difference? Your loan closes!
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Warren Goldberg is President of Mortgage Wealth Advisors, a Certified Mortgage Planning Specialist®, and a published author. His interviews include Blog-Talk Radio, Newsday, The Daily News, Anton Press, and the Long Island Herald. Since 1992, he’s been sharing his financial knowledge and wealth-building strategies, including how to properly use your mortgage as a financial tool. His clients regularly express their trust and appreciation by recommending friends and family call when in need of mortgage, real estate, and financial guidance.
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