Archive for the ‘refinancing’ tag
Mortgage One Lending
Should I rely on a one-stop mortgage broker and real estate who use Countrywide Bank as a lender?
I think it's a two part question: Should I use a one-stop brokerage that handles mortgage and real estate in Houston? Then they can also use Countrywide Bank as their primary lending partner. Must I go with the company? Please read the description a bit more … it is not mortgage broker that I am concerned about is the one stop real estate broker who has in-house mortgage loan dept. The real question is: Should I be worried if someone does both from the same office?
Personally I'd stay away from brokers, unless you're credit is so bad, you need someone to go to bat for you. Remember, a broker is a "middle man" who receives a fee. It means you will pay more, not the lender. I would first try a place like Lending Tree. I would never go to a guy who plays both ends of the field itself. I would not even go to his office. Like he really want to lead you to the best deals. Find someone else.