• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Anybody use an online wholesale mortgage company?

Squisher

Squisher

Lifer
I was browsing Bankrate.com looking at 30yr. fixed rate mortgages and saw a large disparity between the bank I got pre-approved through and some other lenders.

I figure that the lenders that are quoting low rates at 0 points are probably going to sock it to you with exorbitant closing costs.

So, I thought I would ask if anybody had used a lender that's highly competitive and didn't try to make it up in closing costs?



BTW - rates on Bankrate at 0 points go from 5.125% to 5.875% which would mean a difference of $84/mo. to me.



 
They have to make money somehow, be it in Points, Closing Costs, or Fees... pick your poison. Non-profit and competitive aren't usually compatible characteristics of a successful mortage broker.

That being said, check out CountryWide

At least they spell out specifically what all the points and fees (their own and third party) will be.

Good luck
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top