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Thank you
Posted by Tim [Email] (more from Tim) on Sat, 28 Jan 2012 06:42:22
In Reply to: Counterpoint: work with one person who you trust, Bill Homer
[Profile/Gallery]
, Fri, 27 Jan 2012 18:14:48
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A lot of people have the attitude that you can pit different lenders against each other and get the best deal. they even say "i talked to you on Monday and you quoted me 4.25% but I just called this other guy and he quoted me 4%. why are you trying to rip me off?!?" the way rates move around it makes it virtually impossible to "shop the best rate." because by the time you hang up and call someone else, the first guy's investors may have re-priced (for the better or worse) and new rates are available.
my best advice is to find someone you trust who will do a good job for you at a fair price. i always say, you can scour the internet and always find someone who is a nickle cheaper, but (especially in this lending environment) it is more important to work with someone who you know can get the deal done for you.
posted by 99.121.9...
Posts in this Thread:
- Mortgage Advice, SS, Thu, 26 Jan 2012 10:01:03
- Whatever you do, work with more than one person, vvk, Fri, 27 Jan 2012 08:51:52
- Too little info, nwas, Fri, 27 Jan 2012 08:18:37
- I'm a mortgage loan originator, Tim, Thu, 26 Jan 2012 18:06:26
- just reread this..., James, Thu, 26 Jan 2012 12:16:05
- Re: Mortgage Advice, vvack0matic
, Thu, 26 Jan 2012 11:42:12 - Re: Mortgage Advice, Acc, Thu, 26 Jan 2012 11:01:09
- How long do you plan to live there?, Bill Homer
, Thu, 26 Jan 2012 10:56:12 - Re: Mortgage Advice, James, Thu, 26 Jan 2012 10:34:59
- Re: Mortgage Advice, Gene N
, Thu, 26 Jan 2012 10:18:54 - Re: Mortgage Advice, SWEDECAR
, Thu, 26 Jan 2012 10:17:33
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