Start with the bank that you use now. Quite often in this environment they will give since they make money off you as a retail bank. Next check with Sterling Trust, Bank of America, Wells Fargo and Washington Mutual. They are the largest lenders in the area. After you know what the banks can do then contact a motgage broker.
Make sure you do not let them run your credit without opting out of the "trigger lists" first! If you don't your personal information will be sold the next day to credit card and mortgage companies? If you don't opt out of these lists your information may fall into the wrong hands.
When you authorize your credit to be run without opting out, the next morning the three National Credit Reporting Agencies if you run a tri-merged report (or the agency you ran it through) compile a target list of consumers who have had their credit pulled in the last 24 hours. That target list is then purchased by lenders and firms who sell leads to credit card and mortgage companies. This practice stinks of invasion of privacy, unfair market practices, and would seem to be a violation of the Fair Credit Reporting Act (FCRA). Unfortunately, this practice, known as "Prescreening," is absolutely legal so you have to take action to stop this from happening to protect your privacy.
If you do not want solicitations, junk mail and phone calls you need to opt-out of being reported on these pre-screened target lists for either 5 years or permanently. To accomplish this, as well as eliminate most of the junk mail that comes from target lists that are full of your personal information sold by the NCRA, simply call 1-800-5-OPTOUT (1-888-567- 8688) or logon to http://www.optoutprescreen.com. Your mortgage planner should do this for you as part of their service but if not you can do it yourself.
Make Life Happen and Take control of your financial future by opting out!
Dave Muti author of Mortgage: What You Need to Know
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