-
Scott, Thanks for the clarification. Next time I'll do more research before I sign anything. My loan officer was recommended by my realtor (who is also my cousin) so I thought I was good. Thanks, Rob
-
No, he hasn't talked to me about 15 vs 60 day locks. I get the feeling he is rushing me to lock in. He could think he is looking out for my best interests, I don't know but I just can't shake the feeling that he has an ulterior motive. Thanks again for your help and caring Curt.
-
Thanks Curt. Does the 60 day lock get me a better or worse rate. In other words, say it was only 15 days until closing, would I get a better or worse rate?
-
Thanks very much for the detailed response Summer. The rate that was offered to me today was 5.75. I could have had 5.5 on Friday. Perhaps I blew my chance. All of these quote are paying zero point or origination fees.
-
Thanks Marge. I have 800 credit score and the loan is for 230K in NJ. It can't hurt to ask around as long as I'm comparing apples to apples, right?
-
Thanks Scott. I was hoping you'd say that. I have not paid them any money as of yet. An FHA appraisal was done, would I be on the hook for that?
-
Hi. I am closing on a house 8/21. I have signed some papers with a mortgage company but I am not happy with the rates I am being given and I don't feel comfortable with the person I am dealing with. I have not locked a rate. Am I able to take ny business elsewhere without costing myself anything?