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jessbaby
My boys!
Member since 1/06 5292 total posts
Name:
Jessica
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Applying for a mortgage
Where do we begin? What banks should we try? I am so lost when it comes to this stuff. 
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Posted 5/15/08 12:55 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
bicosi
life is a carousel
Member since 7/07 14956 total posts
Name:
M
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Re: Applying for a mortgage
Who do you bank with?
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| Posted 5/15/08 12:59 PM |
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Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
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Re: Applying for a mortgage
I went through a broker. For me it was the best option. I did not have a lot of time on my hands to be doing the research on rates, etc.. so I went through a broker who did the leg work for me.
He was awesome! If you want his info, just let me know 
Best of luck
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| Posted 5/15/08 1:02 PM |
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CaMacho
Sisters :)
Member since 7/06 15112 total posts
Name:
Jess
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Re: Applying for a mortgage
We used Bank of America and definitely recommend them.
We got a No fee, No closing cost, No PMI mortgage through them. We were dealing with a broker at first, but the fees were ridiculous and the rate was so much higher than BofA. Plus, we would have been charged PMI with a broker (we put 10% down). So happy with BofA so far.
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| Posted 5/15/08 1:32 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Applying for a mortgage
Posted by CaMacho
We used Bank of America and definitely recommend them.
We got a No fee, No closing cost, No PMI mortgage through them. We were dealing with a broker at first, but the fees were ridiculous and the rate was so much higher than BofA. Plus, we would have been charged PMI with a broker (we put 10% down). So happy with BofA so far.
The BoA no fee program is a good one. Would definitely recommend.
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| Posted 5/15/08 1:41 PM |
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ali120206
2 Boys
Member since 7/06 17795 total posts
Name:
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Re: Applying for a mortgage
Posted by Mrs-D-Girl
I went through a broker. For me it was the best option. I did not have a lot of time on my hands to be doing the research on rates, etc.. so I went through a broker who did the leg work for me.
He was awesome! If you want his info, just let me know
Best of luck
I did this as well and was very happy with my experience.
He was able to float the rate after he locked us in and we ended up getting a better rate.
His fees weren't that high - and for the amount of work he did - were well worth it. He got most of his commission from the bank.
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| Posted 5/15/08 2:07 PM |
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freckles
Love My Little Man!
Member since 5/07 1825 total posts
Name:
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Re: Applying for a mortgage
I would shop around a little if you have the time.
We never used a broker so I can't speak from experience on going the broker route but we went and got pre-approved by 3 banks and will be going with whoever's rates are best when we're ready to lock in.
Good luck!
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| Posted 5/15/08 3:03 PM |
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jessbaby
My boys!
Member since 1/06 5292 total posts
Name:
Jessica
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Re: Applying for a mortgage
Thanks. We use Bank of America.
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| Posted 5/15/08 3:53 PM |
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