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Did you use a bank or broker for your mortgage?

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Pages: [1] 2

MrsS2005
Mom of 3

Member since 11/05

13118 total posts

Name:
B

Did you use a bank or broker for your mortgage?

DH and I are about to start the house hunting process. We need to get pre-approved soon, and I was wondering whether it's better to use a mortgage broker or go to several banks ourselves. What are the pros and cons of each? Which one did you choose and why? TIA.

Posted 6/28/07 12:08 PM
 
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2Pisces
Life Coach

Member since 2/06

3337 total posts

Name:
Paige

Re: Did you use a bank or broker for your mortgage?

bank....WAMU Chat Icon

Posted 6/28/07 12:27 PM
 

kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: Did you use a bank or broker for your mortgage?

Posted by 2Pisces

bank....WAMU Chat Icon



bank, we used HSBC.

Posted 6/28/07 12:28 PM
 

Kerie-is-so-very
versatile!

Member since 5/05

13535 total posts

Name:
K

Re: Did you use a bank or broker for your mortgage?

We used a broker but the mortgage is from Citibank.

Posted 6/28/07 12:43 PM
 

tann22
LIF Adult

Member since 6/05

2421 total posts

Name:

Re: Did you use a bank or broker for your mortgage?


We used a bank - Wells Fargo

Message edited 6/28/2007 1:10:30 PM.

Posted 6/28/07 1:10 PM
 

lulugrrl
My 3 Blessings

Member since 3/06

6551 total posts

Name:
L

Re: Did you use a bank or broker for your mortgage?

we used a broker, just cuz it was easier for us than trying to shop around, but the mortgage is through wells fargo bank

Posted 6/28/07 1:12 PM
 

bridget-n-jimmy
LIF Adult

Member since 6/05

1722 total posts

Name:
Bridget

Re: Did you use a bank or broker for your mortgage?

We used a broker, and I have recommended him to a couple of girls on here who were also happy with him. If you would like his info let me know.

Posted 6/28/07 1:20 PM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Did you use a bank or broker for your mortgage?

Posted by lulugrrl

we used a broker, just cuz it was easier for us than trying to shop around, but the mortgage is through wells fargo bank



same here.

Posted 6/28/07 1:21 PM
 

DDB336
LIF Toddler

Member since 8/05

421 total posts

Name:
Diana

Re: Did you use a bank or broker for your mortgage?

bank - citibank

Posted 6/28/07 2:02 PM
 

LIMOMx2
...

Member since 5/05

24989 total posts

Name:

Re: Did you use a bank or broker for your mortgage?

Broker

Posted 6/28/07 2:05 PM
 

ali120206
2 Boys

Member since 7/06

17790 total posts

Name:

Re: Did you use a bank or broker for your mortgage?

We used a broker and were so happy with him!

He locked us in at a rate and said that there was a possibility we could get a lower rate, the rate just wouldn't get higher. He did end up getting us a lower rate.

We obviously had to pay a fee but, it was fairly nominal in the grand scheme of things.

FM if you want info!

Posted 6/28/07 2:56 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: Did you use a bank or broker for your mortgage?

Bank - BOA thru LIHP

Posted 6/28/07 6:23 PM
 

charon54
My two boys!

Member since 5/05

7279 total posts

Name:
Rebecca

Re: Did you use a bank or broker for your mortgage?

Broker, even though my DH works for the bank, because Employee Lending is too slow!

Posted 6/28/07 6:35 PM
 

betty
My boys

Member since 5/05

4380 total posts

Name:
Beth

Re: Did you use a bank or broker for your mortgage?

Posted by bridget-n-jimmy

We used a broker, and I have recommended him to a couple of girls on here who were also happy with him. If you would like his info let me know.




He was great!!!!!!!!!

Posted 6/28/07 8:04 PM
 

Tine73

Member since 3/06

22093 total posts

Name:
*********

Re: Did you use a bank or broker for your mortgage?

bank- citibank. We talked to a broker but he quoted us closing costs that were about 7 grand higher than what the bank said. The difference between the rate he gave us and citibank's rate was minimal and did not justify the fees

Posted 6/29/07 11:10 AM
 

dbleplay17
My 2 boys!

Member since 10/06

4578 total posts

Name:
Chrissy

Re: Did you use a bank or broker for your mortgage?

Bank of America

Posted 6/29/07 11:12 AM
 

MeNBobs
*****

Member since 4/07

3765 total posts

Name:

Re:

Message edited 7/16/2011 3:47:23 PM.

Posted 6/29/07 11:17 AM
 

JerseyMamaOf3
Boo!

Member since 6/05

15144 total posts

Name:

Re: Did you use a bank or broker for your mortgage?

We used a broker the first time and bank the second. Our closing costs were exactly half with the bank.

Posted 6/29/07 11:17 AM
 

rojerono
Happiest.

Member since 8/06

13803 total posts

Name:
Jeannie

Re: Did you use a bank or broker for your mortgage?

Broker - mortgage through ABN-AMRO.

Would NOT recommend her. Ever.

Posted 6/29/07 11:32 AM
 

ckdk
My girls

Member since 5/05

7027 total posts

Name:
Cheryl

Re: Did you use a bank or broker for your mortgage?

Posted by 2Pisces

bank....WAMU Chat Icon



same here.

Posted 6/29/07 11:34 AM
 

dawnie
Barb-Never removing this pic!

Member since 11/05

3932 total posts

Name:

Re: Did you use a bank or broker for your mortgage?

Bank: Chase
No problems at all!

Posted 6/29/07 11:43 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Did you use a bank or broker for your mortgage?

always a bank. We've used Wells and Chase.

Posted 6/29/07 11:43 AM
 

aliasPook
Blessed x 3

Member since 6/05

2460 total posts

Name:
Laurie

Re: Did you use a bank or broker for your mortgage?

Broker-we only did this beacsue we went through DH's credit union and saved on closing costs. VEry unhappy with the service though.

Posted 6/30/07 7:46 PM
 

Gertyrae
Peace out Homies!

Member since 5/05

20046 total posts

Name:
Gerty ®

Re: Did you use a bank or broker for your mortgage?

Bank....and then our mortgage was sold to Chase in the first month.

Posted 6/30/07 8:55 PM
 

tabrtm
LIF Adult

Member since 10/06

1314 total posts

Name:

Re: Did you use a bank or broker for your mortgage?

Used a broker. Mortgage is through Washington Mutual.

Posted 7/1/07 9:52 AM
 
Pages: [1] 2
 

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