Real estate blog entries tagged with value by Ian Fregin (UCM)

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Home : Blogs : Ian Fregin : Ian Fregin's Blog : Tag "value"

value: Rock, Meet Hard Place - 04/13/07 11:15 PM

I really hate going up against other, unscrupulous lenders who will quote someone a ridiculous rate just to keep them on the phone. It is so frustrating to be on the other end of this conversation:
Borrower: My score is a 600 and another lender told me they could give me a 5.75% rate.
Me: That is certainly possible, depending on your credit history and the current value of your home.
Borrower: The other lender told me that was my rate, period.
Me: Mr. Borrower, with a 600 credit score and no idea of the details of your credit history or the value of your … (4 comments)

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Ian Fregin

Virginia Beach, VA

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UCM

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