It seems that when I call to inquire about these good deals (for example, really low rates with 0 points), I am always told something like, "Well, that deal is for something else." How does one get an accurate mortgage quote online from these sites? Or is it impossible to get an accurate quote without calling the companies directly?
This is a example of how the lenders try to get the business from the people like you. They advertize low rate, but if you call them, this rate is not for you, because your credit is not good or you don’t have enough equity or down payment. Every costumer is diferent and those low rates are reserved for the best costumers or they are not available now, because market change and rates go up ( sometimes they change 3 times a day). Please be carefull about applaing for the loan over the internet, because if you will put your info- you will be bombarded with emails and phone calls from diffrent lenders. My advice- call the local bank or broker to find out about rate for your situation and they will be more like to explain to you why this or that.
May 1st, 2010 at 4:56 am
To be honest trying to get a quote online is pointless. Without a person asking you specific questions, running your credit, knowing your income, assets, and liabilities, there’s no way for them to give you an accurate quote. The best way is just to call around local brokers in your area. Plus those deals shown online usually are too good to be true and come with hidden fees or costs. It’s much easier and better for you to work with someone you can meet with and talk face to face with, it makes the process easier and much less stressful. Plus typically local brokers can still give the same deal that one of those national companies can offer if you search a little bit.
References :
mortgage broker
May 1st, 2010 at 5:37 am
This is a example of how the lenders try to get the business from the people like you. They advertize low rate, but if you call them, this rate is not for you, because your credit is not good or you don’t have enough equity or down payment. Every costumer is diferent and those low rates are reserved for the best costumers or they are not available now, because market change and rates go up ( sometimes they change 3 times a day). Please be carefull about applaing for the loan over the internet, because if you will put your info- you will be bombarded with emails and phone calls from diffrent lenders. My advice- call the local bank or broker to find out about rate for your situation and they will be more like to explain to you why this or that.
References :
May 1st, 2010 at 5:51 am
My guy sends me rates and market updates everyday Michael A.Deery 858.442.2686 or 858.200.9602
http://www.citywidefinancialcorp.com
References :
http://www.citywidefinancialcorp.com