Comments on: How do you get the best mortgage deal? http://www.cashorcredit24.com/how-do-you-get-the-best-mortgage-deal Find answers for all your financial problem Thu, 03 Mar 2011 21:38:38 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: jlf http://www.cashorcredit24.com/how-do-you-get-the-best-mortgage-deal/comment-page-1#comment-776 jlf Sun, 16 Mar 2008 20:14:58 +0000 http://www.cashorcredit24.com/how-do-you-get-the-best-mortgage-deal#comment-776 Do not use their recommended realtor. Use one that you select. Do not use their recommended realtor. Use one that you select.

]]> By: Maria G http://www.cashorcredit24.com/how-do-you-get-the-best-mortgage-deal/comment-page-1#comment-775 Maria G Sun, 16 Mar 2008 01:19:58 +0000 http://www.cashorcredit24.com/how-do-you-get-the-best-mortgage-deal#comment-775 from what i hear, and i work for a bank, a broker is the worst way to go because you are spending alot of money for not much service. I just bought my first home and couldn't have done it without my real estate agent. I would apply through lending tree.com (there are a few banks that will actually compete for your business) I would also look into credit unions as well. dont forget you get the 8k for first time home buys from obama! from what i hear, and i work for a bank, a broker is the worst way to go because you are spending alot of money for not much service. I just bought my first home and couldn’t have done it without my real estate agent. I would apply through lending tree.com (there are a few banks that will actually compete for your business) I would also look into credit unions as well. dont forget you get the 8k for first time home buys from obama!

]]> By: Steve D http://www.cashorcredit24.com/how-do-you-get-the-best-mortgage-deal/comment-page-1#comment-774 Steve D Fri, 14 Mar 2008 13:46:26 +0000 http://www.cashorcredit24.com/how-do-you-get-the-best-mortgage-deal#comment-774 first of all, the real estate agent is not there to get you a deal on a mortgage - that is either your responsibility or the mortgage broker's responsibility. The agent is there to put you in a house (show you houses, explain the offer/acceptance routine, be there at closing and walk you through the purchase process). If you do not trust you mortgage broker to get you a fair deal, then you can start calling around to banks in your area and inquire about their rates. This means, however, getting a new pre-approval and starting from scratch on the mortgage. Being a first-time buyer, if you go this route, you are going to have to educate yourself regarding rates and points and buy-downs. first of all, the real estate agent is not there to get you a deal on a mortgage – that is either your responsibility or the mortgage broker’s responsibility. The agent is there to put you in a house (show you houses, explain the offer/acceptance routine, be there at closing and walk you through the purchase process).

If you do not trust you mortgage broker to get you a fair deal, then you can start calling around to banks in your area and inquire about their rates. This means, however, getting a new pre-approval and starting from scratch on the mortgage. Being a first-time buyer, if you go this route, you are going to have to educate yourself regarding rates and points and buy-downs.

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