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Where did you get your mortgage?

LisaT Posted:

Where did you get your mortgage?

did you shop it around?

HillandRon Posted:

Re: Where did you get your mortgage?

We went with Valley National Bank( They are a New Jersey based bank but have locations in NYC).... because of the amount of money we would need to borrow most banks we would be considered a jumbo loan, however with this bank we were able to get a 30 year fixed rate nterest, zero points and a rate of 5.75.

We didn't shop around much, also my sister inlaw used the same bank...
LisaT Posted:

Re: Where did you get your mortgage?

we'll have a jumbo as well. Did you put down 20%?

sounds like a good deal!
HillandRon Posted:

Re: Where did you get your mortgage?

yes, we put 20%. but we got a regular 30 year fixed rate, we did not have to get a jumbo loan... Many of the other banks we would have to have been a jumbo... which would have meant a higher rate.
LisaT Posted:

Re: Where did you get your mortgage?

I'll have to check them out - thanks

HillandRon Posted:

Re: Where did you get your mortgage?

definately do... We had no problems with them.

[email protected] Posted:

Re: Where did you get your mortgage?

We are using my DH's Union, CWA. No closing costs and they can provide the lawyer.

Kelly9904 Posted:

Re: Where did you get your mortgage?

We used bethpage federal credit union. Can complain too much, their closing costs are low, rates are competitive, usually a little lower than standard banks, but their customer services isnt the tops!

anjerandunder Posted:

Re: Where did you get your mortgage?

we had to go with wells fargo because it was a new complex but they have been wonderful and they got us to closing in 2 weeks..

butterfly20 Posted:

Re: Where did you get your mortgage?

priceline.com we got our 30 year fixed for 5.625% no points..

junebride04 Posted:

Re: Where did you get your mortgage?

We got a great rate with Washington Mutual

itsbouttime Posted:

Re: Where did you get your mortgage?

First West Mutual

allaboutthecake Posted:

Re: Where did you get your mortgage?

Chase Bank

AmyKay Posted:

Re: Where did you get your mortgage?

Flagstar bank than two weeks before closing we switched to Washington Mut.

mv1003 Posted:

Re: Where did you get your mortgage?

As I'm investigating as well, the mortgage guy I've been speaking to explained to us that there is a way to divide the mortgage up so you don't have to take a 'jumbo' loan. We only have 10% to put down, and would do a 80/10

robcoll1002 Posted:

Re: Where did you get your mortgage?

We went through Mortgage Concepts. They were so great and very helpful.

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