nwr-1ST TIME HOME BUYERS

JJC Posted: Jun 19, 2008 04:42 PM

nwr-1ST TIME HOME BUYERS

What bank did you find the best rates with?

missexcited Posted: Jun 19, 2008 04:49 PM

Re: nwr-1ST TIME HOME BUYERS

I used a broker and had them search for the best rates

Maria31 Posted: Jun 19, 2008 04:50 PM

Re: nwr-1ST TIME HOME BUYERS

FH is a mortgage banker and TopDot and he did our mortgage. They are a national bank AND broker, so they def have the most options and get the best rates. FM me for his info if you're interested!

lizzie217 Posted: Jun 19, 2008 06:25 PM

Re: nwr-1ST TIME HOME BUYERS

a reputable broker usually searches out best rates fm me if youd like my brokers info he was great

Theresa2104 Posted: Jun 19, 2008 06:50 PM

Re: nwr-1ST TIME HOME BUYERS

How exciting! When we bought last may I had a broker too, but a week before closing he upped my locked in rate by 4% so we had to change last minute to wells fargo. They we're tremendous and we closed in 2 weeks with a better rate than original. Let me know if you need any other info I have plenty of expierence!!!!

Jonas9281 Posted: Jun 19, 2008 07:13 PM

Re: nwr-1ST TIME HOME BUYERS

we used NEFCU bc i am a teacher...they were awesome....(nassau educators federal credit union)

lonal Posted: Jun 19, 2008 07:38 PM

Re: nwr-1ST TIME HOME BUYERS

I went with citibank. I have an excellent mortgage guy! If you are interested, fm me! Good luck!

trojo1521 Posted: Jun 19, 2008 07:42 PM

Re: nwr-1ST TIME HOME BUYERS

We worked with Wells Fargo and they were excellent!

Our attorney warned us that sometimes brokers have certain 'relationships' with banks and they will send all their business to those banks.

Definitely do you homework so you can't be taken advantage of by a broker or just deal directly with a bank.

femmes Posted: Jun 19, 2008 08:28 PM

Re: nwr-1ST TIME HOME BUYERS

Posted by trojo1521

We worked with Wells Fargo and they were excellent!

Our attorney warned us that sometimes brokers have certain 'relationships' with banks and they will send all their business to those banks.

Definitely do you homework so you can't be taken advantage of by a broker or just deal directly with a bank.

I second Wells Fargo..my closing costs were just over 10,000...The broker I was originally going to use estimated closing costs at 17,000. Just be careful! good luck!