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ac13
LIF Adolescent
Member since 5/09 745 total posts
Name:
A
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lender for mortgage
who did everyone use? Trying to minimize closing costs and fees...I've done a lot of shopping around, but wanted to see who people go through?
TIA
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Posted 10/17/11 8:20 AM  |
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Prudential Douglas Elliman Real Estate
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jteach
2 and through
Member since 9/07 3939 total posts
Name:
Jess
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Re: lender for mortgage
My dh is a mortgage banker for wells fargo. If you would like his info fm me
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| Posted 10/17/11 9:52 AM |
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JustATwinkle
LIF Infant
Member since 8/11 197 total posts
Name:
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Re: lender for mortgage
PNC - great experience so far
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| Posted 10/17/11 1:37 PM |
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maymama
my little loves
Member since 8/08 18453 total posts
Name:
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Re: lender for mortgage
we used Wells Fargo but I believe our mortgage was just sold to someone else.. I have to ask DH
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| Posted 10/17/11 1:44 PM |
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Re: lender for mortgage
continental home loans....direct lender...amazing, smooth, on the ball.
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| Posted 10/17/11 2:36 PM |
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mrsgafforio
LIF Adult
Member since 3/07 3929 total posts
Name:
Christine
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Re: lender for mortgage
Posted by LadyBugN2Buggies
continental home loans....direct lender...amazing, smooth, on the ball.
We used Continental home loans and just closed last month (no issues!!). I believe it may have been sold to someone else though lol.
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| Posted 10/17/11 2:51 PM |
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Re: lender for mortgage
Posted by mrsgafforio
Posted by LadyBugN2Buggies
continental home loans....direct lender...amazing, smooth, on the ball.
We used Continental home loans and just closed last month (no issues!!). I believe it may have been sold to someone else though lol.
Yep, the always sell off the loans. Very common practice from what I was told.
I think mine has been sold 3 times already.
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| Posted 10/17/11 3:27 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: lender for mortgage
I spoke to Gerard at Continental and he never got back to me.
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| Posted 10/17/11 3:43 PM |
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ElizaRags35
My 2 Girls
Member since 2/09 20494 total posts
Name:
Me
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Re: lender for mortgage
We're using Compass Home Mortgage. They've been with us every step of the way thus far and we are thisclose to closing!
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| Posted 10/17/11 11:36 PM |
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JandJ1224
Member since 6/06 5911 total posts
Name:
Jannette
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Re: lender for mortgage
We used Pat Marabella from Continental Home Loans. His number is 631-390-6368.
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| Posted 10/18/11 8:22 AM |
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ac13
LIF Adolescent
Member since 5/09 745 total posts
Name:
A
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Re: lender for mortgage
thanks for responding...still not sure who we're using...it's all so confusing and my head hurts.
why do I feel i'm always going to get screwed! LOL
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| Posted 10/18/11 12:44 PM |
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tara73
carseat nerd
Member since 11/09 3669 total posts
Name:
Buttercup
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Re: lender for mortgage
I have a friend who is an excellent broker, FM if you want his info.
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| Posted 10/18/11 12:59 PM |
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neener1211
:-)
Member since 4/07 22952 total posts
Name:
J
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Re: lender for mortgage
We used Wells Fargo-no issues at all.
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| Posted 10/18/11 12:59 PM |
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Re: lender for mortgage
Posted by ElizaRags35
We're using Compass Home Mortgage. They've been with us every step of the way thus far and we are thisclose to closing!
Compass is great! I know Chris Gonzalez and Suzanne Maisch over there. Compass is a mortgage broker.
If you are looking for a direct lender -- would also recommend Steve Simpson at U.S. Mortgage and Robert Bram at GFI. If you want their contact info, then feel free to send me FM.
I think sometimes you get lower rates and better fees with smaller operations, such as credit unions -- HOWEVER, they are often much slower at processing loans, and can be much more conservative about things like missing COs. A customer of mine recently had a very frustrating experience with NEFCU.
But as far as rates and fees, I think it's hard to generalize by lender or broker because a lot depends on your personal circumstances (financial qualifications, type of loan, etc.).
Good luck!
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| Posted 10/18/11 2:02 PM |
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AliceCullen
LIF Adult
Member since 6/08 1497 total posts
Name:
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Re: lender for mortgage
Posted by Century 21 Dallow - Christine Braun
Posted by ElizaRags35
We're using Compass Home Mortgage. They've been with us every step of the way thus far and we are thisclose to closing!
Compass is great! I know Chris Gonzalez and Suzanne Maisch over there. Compass is a mortgage broker.
If you are looking for a direct lender -- would also recommend Steve Simpson at U.S. Mortgage and Robert Bram at GFI. If you want their contact info, then feel free to send me FM.
I think sometimes you get lower rates and better fees with smaller operations, such as credit unions -- HOWEVER, they are often much slower at processing loans, and can be much more conservative about things like missing COs. A customer of mine recently had a very frustrating experience with NEFCU.
But as far as rates and fees, I think it's hard to generalize by lender or broker because a lot depends on your personal circumstances (financial qualifications, type of loan, etc.).
Good luck!
We used Steve Simpson from US Mortgage upon Christine's recommendation and he was great to work with. We closed less than a month after we signed the contracts which everyone told us was unheard of.
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| Posted 10/18/11 3:20 PM |
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Mkr09
.....
Member since 5/05 7550 total posts
Name:
M
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Re: lender for mortgage
Posted by AliceCullen
Posted by Century 21 Dallow - Christine Braun
Posted by ElizaRags35
We're using Compass Home Mortgage. They've been with us every step of the way thus far and we are thisclose to closing!
Compass is great! I know Chris Gonzalez and Suzanne Maisch over there. Compass is a mortgage broker.
If you are looking for a direct lender -- would also recommend Steve Simpson at U.S. Mortgage and Robert Bram at GFI. If you want their contact info, then feel free to send me FM.
I think sometimes you get lower rates and better fees with smaller operations, such as credit unions -- HOWEVER, they are often much slower at processing loans, and can be much more conservative about things like missing COs. A customer of mine recently had a very frustrating experience with NEFCU.
But as far as rates and fees, I think it's hard to generalize by lender or broker because a lot depends on your personal circumstances (financial qualifications, type of loan, etc.).
Good luck!
We used Steve Simpson from US Mortgage upon Christine's recommendation and he was great to work with. We closed less than a month after we signed the contracts which everyone told us was unheard of.
I used to work with Steve Simpson and he was always great. I also used to work with Robert Bram and he was very good also.
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| Posted 10/18/11 4:10 PM |
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marianne13
LIF Adolescent
Member since 6/10 887 total posts
Name:
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Re: lender for mortgage
I did a good amount of shopping around and found that Wells Fargo gave us the best rate and the lowest fees.
When you compare banks, compare the fees that are titled "application fees", "underwriting fees" and "processing fees." Those are the ones that are set by the bank.
Transfer taxes, title insurance, government recording charges, etc. are not determined by the bank. However, each bank will ESTIMATE on the GFE what these fees are. When I bought my house I compared these fees from one GFE to another and now I realize it was a waste because in the end, it didnt' matter which bank I used because the bank doesn't set them.
HTH!
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| Posted 10/19/11 8:53 PM |
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