With the increased buzz around low home inventory and high interest rates, many potential homebuyers have found themselves uncertain about whether now is the right time to buy a home, or if they can afford to buy a home at all.
However, Trusted Lending Center is on a mission to help bring the dream of home ownership to more people with affordable lending solutions and no upfront fees.
Led by Mesa residents and husband and wife team Michael and Katie Tranckino, Trusted Lending Center launched 10 years ago with the duo’s combined real estate and mortgage experience — with Michael having worked as a wholesale regional manager in the mortgage business and Katie having also worked in lending as well as real estate.
“We were motivated to start the company because what we saw in all the loans that I was buying from other entities was how much they were making per transaction, and I didn’t feel like it was fair to the client,” said Michael.
“I’d reached out to some of my mentors and people around me, and they told me my model wasn’t going to work and that I needed to charge the clients more, but here we are 10 years later using that same model.”
Because Trusted Lending Center does not charge any fees, Michael estimates that homebuyers who secure financing through them save between $5,000 and $9,000 per transaction.
Much of the savings can be attributed to Trusted Lending Center’s strong referral network, which means they do not need to allocate large amounts of money to attract new clients through advertising.
This allows many people who did not think they’d be able to afford to buy their own home, build equity, and avoid rising rental costs.
For many, now can be a great time to buy while Arizonans face a lower supply of homes. And, to combat the higher interest rates, Trusted Lending Center is offering those who buy through them a chance to refinance for free if rates drop.
“We are in a housing shortage and will be for the next several years,” said Katie. “The rates are going to control how many people are in the market, but if you do get a loan with Trusted Lending Center, we’re offering free refinances through the end of 2026, so you’re able to buy at the rate now and when rates go down, we’ll cover everything, including the title company fees.” In addition to offering no-cost refinancing, Trusted Lending Center is also empowering potential homebuyers with options, such as a one percent down program as well as loans available with three and five percent down, depending on the borrower’s unique needs.
“We’re trying to help potential homebuyers because the market is tight right now,” said Katie. “We’re here to get people off the fence so they’re not scared to buy.”
For more information on Trusted Lending Center, visit trustedlendingcenter.com or call (480) 400-9884.