Questioning the Rates I quote...really?

Services for Real Estate Pros with Al Rodenburg

So, I'm sitting at the table with my Clients, here in Houston, last week - and the wife says: the Loan Officer from a very large bank says: "there's no way that Al can give you a rate of 3.25% on a VA loan, without charging discount points or origination fees".

"Why" would someone at a large, major bank say that? Of course we can.

I locked my client on a 45 day Lock at 3.25% ((15 year fixed; NO discount points; no origination charge). We expect to close them in 3 weeks, not 45 days - but I felt it best to be prepared. All we charge for is processing, underwriting and credit report; everything else is 3rd party. we just charge for processing and underwriting and credit.

Just surprised to see that kind of commentary; and my blog is where I share my thoughts, so...

Have a great day; and please think of me as you're looking for professional loan officer on your deals. Just so you have it - here's what I can offer:

Nationwide (all 50 states):
Conventional (Fannie/Freddie) home loans
FHA and VA loans - purchase and refinance
HARP II (for homeowners whose homes are worth less than they owe)
FannieMae HomeStyle loans (purchase or refinance and include RENOVATION) - up to 95%.
VA loans for Veterans to 100%: purchase, refinance and IRRRL
JUMBO loans to $3,000,000
USDA/Rural Development
GNND (Good Neighbor Next Door): EMT, Firefighters, Polie and Teachers
HomePath and HomePath Renovation
Texas only:
FHA loans : Purchase, Refinance, 203K and 203K streamline; plus construction (one time close)
note: FHA loans with scores below 620 are possible

For more information, please visit:

You or your Client can Apply at:

More about Flagstar:

Want to know more about Al Rodenburg, Sr. Mortgage Loan Officer, NMLS # 272775:
Go to: - or do a Google search for "Al Rodenburg"
You can reach me at: (281) 402-3650
Office: 11451 Katy Fwy, Ste 625 - Houston, TX 770789

Posted by

Al Rodenburg - NMLS# 272775
Sr. Mortgage Banker

Comments (1)

Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Let them question it all they want, thankfully most come to the right conclusion after a little research.

May 14, 2014 07:36 AM