Comments on: How do you get the best mortgage deal? http://411mortgagefaq.com/renting-real-estate/how-do-you-get-the-best-mortgage-deal/ mortgage faq - answers to your mortgage questions Sun, 04 Jul 2010 09:05:51 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: jlf http://411mortgagefaq.com/renting-real-estate/how-do-you-get-the-best-mortgage-deal/comment-page-1/#comment-428 jlf Wed, 23 Dec 2009 17:38:34 +0000 http://411mortgagefaq.com/renting-real-estate/how-do-you-get-the-best-mortgage-deal/#comment-428 <a href="">BARTON</a> Do not use their recommended realtor. Use one that you select. BARTON

Do not use their recommended realtor. Use one that you select.

]]> By: Maria G http://411mortgagefaq.com/renting-real-estate/how-do-you-get-the-best-mortgage-deal/comment-page-1/#comment-427 Maria G Tue, 22 Dec 2009 00:37:10 +0000 http://411mortgagefaq.com/renting-real-estate/how-do-you-get-the-best-mortgage-deal/#comment-427 <a href="">ANTOINE</a> from what i hear, and i work for a bank, a broker is the worst way to go because you are spending alot of money for not much service. I just bought my first home and couldn't have done it without my real estate agent. I would apply through lending tree.com (there are a few banks that will actually compete for your business) I would also look into credit unions as well. dont forget you get the 8k for first time home buys from obama! ANTOINE

from what i hear, and i work for a bank, a broker is the worst way to go because you are spending alot of money for not much service. I just bought my first home and couldn’t have done it without my real estate agent. I would apply through lending tree.com (there are a few banks that will actually compete for your business) I would also look into credit unions as well. dont forget you get the 8k for first time home buys from obama!

]]> By: Steve D http://411mortgagefaq.com/renting-real-estate/how-do-you-get-the-best-mortgage-deal/comment-page-1/#comment-426 Steve D Sun, 20 Dec 2009 11:27:16 +0000 http://411mortgagefaq.com/renting-real-estate/how-do-you-get-the-best-mortgage-deal/#comment-426 <a href="">PERRY</a> first of all, the real estate agent is not there to get you a deal on a mortgage - that is either your responsibility or the mortgage broker's responsibility. The agent is there to put you in a house (show you houses, explain the offer/acceptance routine, be there at closing and walk you through the purchase process). If you do not trust you mortgage broker to get you a fair deal, then you can start calling around to banks in your area and inquire about their rates. This means, however, getting a new pre-approval and starting from scratch on the mortgage. Being a first-time buyer, if you go this route, you are going to have to educate yourself regarding rates and points and buy-downs. PERRY

first of all, the real estate agent is not there to get you a deal on a mortgage – that is either your responsibility or the mortgage broker’s responsibility. The agent is there to put you in a house (show you houses, explain the offer/acceptance routine, be there at closing and walk you through the purchase process).

If you do not trust you mortgage broker to get you a fair deal, then you can start calling around to banks in your area and inquire about their rates. This means, however, getting a new pre-approval and starting from scratch on the mortgage. Being a first-time buyer, if you go this route, you are going to have to educate yourself regarding rates and points and buy-downs.

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