Why Choose Dream Home Funding For Your Next Mortgage?
With all the financing options available to you, why should you choose us? The answer is simple, better service at a lower cost.
Lowest Cost nobody except Dream Home Funding wants to compete on cost. Listen to our competitors advertisements, and what do you hear? Claims of better service, "competitive rates," new facilities, blah, blah, blah. "Competitive rates" means the same lousy rates all the other mortgage companies are offering. "Better service" I guess they figure you'll feel better about paying 10's of thousands more for your home than you had to if they are extra nice to you. For more information on how mortgages are priced click here.
The reality is if you are organized and supply the documentation we need in a timely manner, you could talk to your loan officer just once during the entire mortgage process. Dream Home Funding has been in business since 1998, and most of our business comes from referrals. Obviously if we offered lousy service we wouldn't still be in business.
Not only that, but a good loan officer earns his keep not during his/her interactions with you, but by taking care of problems and shielding you from the rampant stupidity in the industry, so he/she doesn't need to talk to you at all. We fight hard to get rid of ridiculous and burdensome documentation requests that most loan officers aren't knowledgeable enough to prove aren't required and/or are too lazy to fight. For many it's easier to just relay whatever ridiculous request the Underwriter makes, than to spend the time getting it waived. After all it isn't them that has to spend hours or days trying to track down that business tax return from 3 years ago for a business you only own 5% of (and yes, I've seen an Underwriter ask for that). Good luck getting that, but I'm sure your bank Loan Officer will be very polite when he/she explains 5 times that they can't close your loan without it. We aren't even going to ask you for something so dumb. We are going to ask the Underwriter to waive it, and when they don't, we are going straight over their head until we find somebody who will.
So, why do our competitors sell service instead of cost? Simple, mortgages are an extremely profitable product to sell if you sell them at "competitive rates." How can Dream Home Funding undercut everybody else's prices, and still be profitable? Again simple, we keep our costs low so we can generate the same or more profit on each loan as our competitors, while charging you less. We have no expensive advertising budget, excess staff, fancy branch offices, etc. We run a pretty bare bones operation, but we get the job done, and at the end of the day that is all that really matters isn't it?
Better Service our competitor's ads crack me up, who are they kidding with their claims of better service? I guess they're really nice to you as long as you can catch them during regular business hours M-F, unless it's a holiday, and don't mind driving to their office during your workday multiple times. Dream Home Funding is open 8:00 a.m. to 9:00 p.m. EVERYDAY! Unless you need something outside those hours, in which case we will happily accomodate you with some advance notice. The website is available 24/7/365. Your loan officer answers the phone when you call, not a receptionist or somebody else who can't help you. If you call and get voicemail, leave a message and your call will be promptly returned as soon as we get the message.
Are you too busy to drive to your lender's office, or maybe just don't want to waste the gas and time? With the technology available on our website you never have to come to our office. You can apply online, electronically sign your loan application and disclosures, and fax or email us all the supporting documentation we need any time of the day or night. How is that for service?
What about product selection? How can our competitors claim to offer better service when the selection of mortgage products that they offer is so limited? I guess that politely declining your loan when you actually qualify for a mortgage meets their definition of better service. At Dream Home Funding if you can be qualified, we will get you qualified, and if you can't be qualified we will tell you that too, but we will also offer you advice on what you need to do to get qualified and that advice will actually be accurate, which is more than we can say for most of our competitors.
Our mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you. We will help you qualify, apply and be approved for the lowest cost mortgage available to us, while wasting as little of your time as possible.
Our goal is to make this as painless and time consuming as getting money from an ATM, and in this age of commoditized mortgage products (other than price there really is no difference between the mortgage you get from us or from anybody else, and the things they told you were problems back in 2006 have basically all been outlawed) spending a lot of time on it is really unnecessary.
Please navigate our website to learn more about us, what we do for you, and how easy it is to get started. We are licensed by the Texas Department of Savings and Mortgage Lending (NMLS #257514). For more details and contact information for our regulator, click here.