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Should we get a mortgage through a Broker or a Bank?

simbacat Posted:

Should we get a mortgage through a Broker or a Bank?

Which do you think is better. This house buying stuff really is hard. I'm like a deer in headlights, clueless !!!
cjb88 Posted:

Re: Should we get a mortgage through a Broker or a Bank?

we used a broker...

dkwife Posted:

Re: Should we get a mortgage through a Broker or a Bank?

We used a bank, I liked hearing the info right from the horses mouth.

Jmg11 Posted:

Re: Should we get a mortgage through a Broker or a Bank?

I have done both, I think you should talk to both before deciding. The most important thing is to find someone who is organized, and available to help you through it.

MCDO15 Posted:

Re: Should we get a mortgage through a Broker or a Bank?

we are using a broker...

Blu-ize Posted:

Re: Should we get a mortgage through a Broker or a Bank?

I have used both and I found the banks to be better and they are able to talk to their underwriters and get things pushed through if you need to. You never know what you need pushed through until you go through the approval process.

Brokers are fine I guess, but it's my preference to use a banker.
simbacat Posted:

Re: Should we get a mortgage through a Broker or a Bank?

Thanks everyone. I went to Wamu today and I can't believe that the interest rate went up AGAIN !!! Will it ever stop rising ??? Thank goodness we locked with a broker on Monday. I might not have a choice now
LuvMyMichael Posted:

Re: Should we get a mortgage through a Broker or a Bank?

we used WAMU and had a great experience.

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