Value your broker and they will value you - 12/10/09 04:14 PM
When shopping for a loan, you need to ask yourself what it is that you are shopping for. Are you shopping for the lowest rate and lowest cost? Are you looking for a professional that may not be the least expensive, but earns every bit of his/her fee? Is there value in working with a local mortgage broker, as opposed to a huge internet company? If you want the lowest rate and cost, all you have to do is get a good faith estimate from a broker and send it to another broker. The 2nd broker will send you an estimate
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You would not consult a stripper if you had the flu, do not consult a realtor about your mortgage - 12/03/09 09:57 AM
So you want to buy a house, what is the first thing you do (after trolling for hours on MLS listings sites )? You contact a realtor. The realtor is very happy to take your call and advises you to get pre-approved. Conveniently they just happen to have someone that comes "highly recommended and specializes in (fill in the blank, whatever you need is there specialty)" . You will call this person (which you should do) and they will pre-approve you for your loan, and send you off to buy a home! We all love one stop shopping and you have
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