Re: [MBZ] OT - Mortgages

2011-06-25 Thread Rich Thomas
I don't know what it was, that sort of detail is below my interest threshold. It was for whatever the current amount is/was. 3 yr ago we bought this place and I worked a coupla mortgage hawkers, and got Wells Fargo to give me the best deal (it is fun playing those guys off one another). A

Re: [MBZ] OT - Mortgages

2011-06-25 Thread Allan Streib
Rich Thomas richthomas79td...@constructivity.net writes: turns out WF does not sell off most of their loans, they do a good job up front then hold on to them All my mortgages have eventually ended up being sold TO Wells Fargo. Allan -- 1983 300D ___

[MBZ] OT - mortgages

2011-06-18 Thread OK Don
I'm in the market for a mortgage for a house we want to buy. Has anyone done business with, or know anything about www.lendingtree.com? Are there better on-line brokers to deal with, or should one avoid them altogther? -- OK Don 2001 ML320 1992 300D 2.5T 1990 300D 2.5T 1997 Plymouth Grand

Re: [MBZ] OT - mortgages

2011-06-18 Thread Mitch Haley
OK Don wrote: I'm in the market for a mortgage for a house we want to buy. Has anyone done business with, or know anything about www.lendingtree.com? Are there better on-line brokers to deal with, or should one avoid them altogther? The main purpose of LendingTree is to put a zillion inquires

Re: [MBZ] OT - mortgages

2011-06-18 Thread OK Don
AH ha! That's the gotcha - thanks! On Sat, Jun 18, 2011 at 11:23 AM, Mitch Haley m...@voyager.net wrote: OK Don wrote: I'm in the market for a mortgage for a house we want to buy. Has anyone done business with, or know anything about www.lendingtree.com? Are there better on-line brokers

Re: [MBZ] OT - mortgages

2011-06-18 Thread Rich Thomas
Call 3 local banks, get their quotes, then play them off one another. These guys are hungry these days for customers who might actually be able to pay them good money, and can work the deal. They have a bit of latitude around the various fees, points, and terms/rates and can get you a good

Re: [MBZ] OT - mortgages

2011-06-18 Thread Mitch Haley
Mitch Haley wrote: Look here too: http://www.fatwallet.com/forums/finance/788032/ Hmmm, looks like the first page summary hasn't been updated in years. I guess you should read the last page and work forward from there. Probably learn all that's useful if you read the last 5-10 pages.

Re: [MBZ] OT - mortgages

2011-06-18 Thread OK Don
I noticed that. I think I'll stick with the local banks -- On Sat, Jun 18, 2011 at 11:44 AM, Mitch Haley m...@voyager.net wrote: Mitch Haley wrote: Look here too: http://www.fatwallet.com/**forums/finance/788032/http://www.fatwallet.com/forums/finance/788032/ Hmmm, looks like the first

Re: [MBZ] OT - mortgages

2011-06-18 Thread Dan Penoff
Don't forget credit unions, too. Our local CU has very competitive rates and products, not to mention they are very good to work with. After all, we're not just a depositor, we're an owner. We are getting closed to wrapping up a short sale (hopefully!) and have the CU on the hook with

Re: [MBZ] OT - mortgages

2011-06-18 Thread OK Don
I'd forgotten them. The last time I went to them for a new car loan (1997) they were more expensive than a local bank, but it's worth checking. Thanks -- On Sat, Jun 18, 2011 at 4:04 PM, Dan Penoff lwb...@yahoo.com wrote: Don't forget credit unions, too. Our local CU has very competitive

Re: [MBZ] OT - mortgages

2011-06-18 Thread Dan Penoff
The rates at our CU are competitive, as well them having an in-house title and real estate group that gives discounted fees to members. We will save about $1500 on our closing costs due to this. I did shop around for better terms/rates but didn't find any. Another nice thing is their ability

Re: [MBZ] OT - mortgages

2011-06-18 Thread redghost
avoid all together. Best find a good local broker who can source a loan from a reliable bank or lender. Interest rates are low enough that you should be able to get a decent loan if you have adequate credit worthiness. clay Gump - She is green, simple and runs and runs Cleo - Used by

Re: [MBZ] OT - mortgages

2011-06-18 Thread Kaleb C. Striplin
You should email Regina she is/was in real estate and has a lot of lending connections Sent from my iPhone On Jun 18, 2011, at 8:56 PM, redghost redgh...@comcast.net wrote: avoid all together. Best find a good local broker who can source a loan from a reliable bank or lender. Interest