we're looking to do the same this spring. granted i live in nj, but i do have a question.
did anyone use a mortgage broker?? and if yes, how was that?
i was wondering what the process was like and if it was worth it
tia
ewickens
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Re: NWR: for those who just bought a home
We're using a mortgage broker from our bank, so we know him, and he works out of the bank and holds his own hours outside bank hours to help us.
Shellycakes123
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Re: NWR: for those who just bought a home
we had the best broker ever, they were selling our house to someone else and he convinced them our mortgage was more solid, fm me for his #
ali120206
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Re: NWR: for those who just bought a home
We are using a mortgage broker since he's a friend of FHs.
If he wasn't a friend, we'd go directly through a bank.
TheFutureMrsM
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Re: NWR: for those who just bought a home
Our mortgage broker was a client of ours We got an amazing rate that a bank could not get for us. We went with countrywide wich is a very large company HTH
Meaghan729
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Re: NWR: for those who just bought a home
i got mine thru bank of america. the had the best rate than any other place(including Countrywide.) for me at the time for a 30 year fixed.
a broker just goes and shops around for you - so if you know what you are doing and have the time, why pay a broker when you can do it yourself?
LaurenluvsTJ
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Re: NWR: for those who just bought a home
We are using a broker because he is a friend of DHs - otherwise we would go through a bank. Since he is a friend I feel I can trust him.
cindyandkevin
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Re: NWR: for those who just bought a home
We used the mortgage broker that our realtor provides. She's been great to work with and did a lot to get the best deal for us!! She works closely with our real estate agent and the lines of communication are always open.
libby2595
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Re: NWR: for those who just bought a home
thank you all for replying.
i had read mixed things about brokers. this gives me a better feel for it all.
TheFutureMrsM
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Re: NWR: for those who just bought a home
Posted by Meaghan729
i got mine thru bank of america. the had the best rate than any other place(including Countrywide.) for me at the time for a 30 year fixed.
a broker just goes and shops around for you - so if you know what you are doing and have the time, why pay a broker when you can do it yourself?
I say we got a great rate countrywide because we did a No Income Verification Mortgage 30 year fixed. Our rate is very low for that type of loan
rojerono
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Re: NWR: for those who just bought a home
I used a broker. She came highly recommended by a friend and then our real estate agent recommended the SAME broker! She made the process absolutely effortless.
SummerBride06
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Re: NWR: for those who just bought a home
we didn't use a broker. we shopped around for the best rate and saved money that way
rachel212
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Re: NWR: for those who just bought a home
I didn't use a broker. I shopped around for the best rate. I really didn't see the need for a mortgage broker personally.
Meaghan729
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Re: NWR: for those who just bought a home
Posted by soontobe2007
Posted by Meaghan729
i got mine thru bank of america. the had the best rate than any other place(including Countrywide.) for me at the time for a 30 year fixed.
a broker just goes and shops around for you - so if you know what you are doing and have the time, why pay a broker when you can do it yourself?
I say we got a great rate countrywide because we did a No Income Verification Mortgage 30 year fixed. Our rate is very low for that type of loan
hmm..thats odd - those are usually a higher interst rate bc the lender is taking more risk bc they arent verifying your income - but if you said it was your friend - thats probably why
