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Mortgage: bank or broker?

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MrsS2005
Mom of 3

Member since 11/05

13118 total posts

Name:
B

Mortgage: bank or broker?

Did you use a bank or broker? Why did you choose one over the other?

If you locked in recently, do you mind sharing the rate you got and where you got it? TIA.

Posted 9/26/08 2:54 PM
 
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CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Re: Mortgage: bank or broker?

We used a bank (BofA). We shopped around at 2 banks and 1 mortgage broker and we found the mortgage broker fees to be way too high.

BofA had a no fee mortgage plus loan that worked out great for us... low interest rate, no PMI and no fees or bank closing costs. It was a very smooth process!

Posted 9/26/08 2:58 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
mortgage broker vs. bank/credit union kspags 7/26/08 9 Home
Did you use a bank or broker for your mortgage? MrsS2005 6/28/07 29 Home
Mortgage broker vs. bank MrsSchwags 11/18/05 3 Home
Would you (or did you) use a mortgage broker who was recommended by your real estate agent? beautyq115 10/7/07 19 Home
Bank of America No Fee Mortgage with no PMI? Sassyz75 2/26/08 10 Home
Does anyone have a mortgage with a no-name bank? TaraHutch 12/14/07 13 Home
 
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