How do you pick out your mortgage broker? - GoFuckYourself.com

beemk · 05-18-2007, 09:09 AM

im on my third morgage now, and every time they always throw in some bullshit fees at the end. the one im getting right now has double the fees they told me. is there a way to shop them around and not have to worry about getting a bunch of shitty fees in the end, these people must not rely on repeat business too much.

Azlord · 05-18-2007, 09:12 AM

Quote:

Originally Posted by beemk

im on my third morgage now, and every time they always throw in some bullshit fees at the end. the one im getting right now has double the fees they told me. is there a way to shop them around and not have to worry about getting a bunch of shitty fees in the end, these people must not rely on repeat business too much.

I ask him how big is junk is.

Sosa · 05-18-2007, 09:13 AM

Quote:

Originally Posted by Azlord

I ask him how big is junk is.

say what?!

beemk · 05-18-2007, 09:16 AM

Quote:

Originally Posted by Sosa

say what?!

dont mind him, hes a pickup artist in the gay community. hes talking about finding a mortgage broker to suck off, tony... i meant a guy to get a mortgage from.

Nifty Themes · 05-18-2007, 09:17 AM

Have them give you a break down of all the %'s and fees in writing.

ztik · 05-18-2007, 09:18 AM

Quote:

Originally Posted by beemk

im on my third morgage now, and every time they always throw in some bullshit fees at the end. the one im getting right now has double the fees they told me. is there a way to shop them around and not have to worry about getting a bunch of shitty fees in the end, these people must not rely on repeat business too much.

Well most people only get 1 mortgage. So yeah, they jack the fee's up as much as they can. 90% of them are made up. Try going through one of the online places like ditech that have brokers working on comission based on the loan, not on closing cost and fee's.

Azlord · 05-18-2007, 09:20 AM

Quote:

Originally Posted by Sosa

say what?!

I meant "I ask him how big his junk is." Sorry, I anm tyopiung wifth my diuckj

boneprone · 05-18-2007, 09:21 AM

On a serious note mortage brokers are like car salesmen now days. There is little regualtion and these places over the years have become a dime a dozen. There are more Mortage brokers around now than 7-11's.....

Use www.lendingtree.com

The closing fees are WAY lower, they come highly reconmended, and the people there are much more professional.

Its good you tried three other places up till now. This gives you a good baseline so when something good comes along you will notice it.

Trust me on this one..

I have some rental properties and have engaged in property ownership and financing of them for sometime now.. Lendingtree.com is the way to go.

Let me know how it goes.

BP4L

MattO · 05-18-2007, 09:22 AM

I'm lucky, my brother is a mortgage broker.

boneprone · 05-18-2007, 09:23 AM

Quote:

Originally Posted by ztik

Well most people only get 1 mortgage. So yeah, they jack the fee's up as much as they can. 90% of them are made up. Try going through one of the online places like ditech that have brokers working on comission based on the loan, not on closing cost and fee's.

Exactly.

boneprone · 05-18-2007, 09:23 AM

Quote:

Originally Posted by MattO

I'm lucky, my brother is a mortgage broker.

Better watch out.. Im sure he'd rip you off just as well!

King Adam · 05-18-2007, 09:31 AM

Quote:

Originally Posted by boneprone

On a serious note mortage brokers are like car salesmen now days. There is little regualtion and these places over the years have become a dime a dozen. There are more Mortage brokers around now than 7-11's.....

Use www.lendingtree.com

The closing fees are WAY lower, they come highly reconmended, and the people there are much more professional.

Its good you tried three other places up till now. This gives you a good baseline so when something good comes along you will notice it.

Trust me on this one..

I have some rental properties and have engaged in property ownership and financing of them for sometime now.. Lendingtree.com is the way to go.

Let me know how it goes.

BP4L

Very smart words of advice. DiTech.com is good too.

Before I started with DiTech, I would usually just use the broker that was the hottest and had the nicest tits. I even got laid by a broker a couple years back when I was doing a refi with her

beemk · 05-18-2007, 09:35 AM

thanks, im going to try out a place like lending tree, they dont jack up the fees at the last minute?

Tom_PM · 05-18-2007, 09:36 AM

Yeah some things you just need to use the big brand names instead of some generic guy in a cube.

beemk · 05-18-2007, 09:39 AM

Due to current market conditions, the lenders on the LendingTree network are not accepting requests for loan amounts less than $100,000 from LendingTree. If you feel comfortable increasing your loan amount, please do so. Otherwise, a lender or mortgage broker whom you contact directly may be able to fulfill your request. LendingTree is continually adding new lenders to our network to better serve our borrowers. We hope you will consider LendingTree again in the future.

the houses i buy for investment are in the range of 50-75

boneprone · 05-18-2007, 09:47 AM

50-75k for a house??

WTF????????

Detroit is that cheap nowdays?

abcx · 05-18-2007, 10:02 AM

Quote:

Originally Posted by beemk

im on my third morgage now, and every time they always throw in some bullshit fees at the end. the one im getting right now has double the fees they told me. is there a way to shop them around and not have to worry about getting a bunch of shitty fees in the end, these people must not rely on repeat business too much.

Hey what state is the loan you are doing? ICQ Me, Im a licensed mortgage broker and Im straightforward with all fees on front and back end.

tony286 · 05-18-2007, 10:03 AM

my first one was a the husband of a model. Good guy.

beemk · 05-18-2007, 05:04 PM

Quote:

Originally Posted by boneprone

50-75k for a house??

WTF????????

Detroit is that cheap nowdays?

no, the suburbs are that cheap, i buy some houses cash because its not worth it to get the mortgage fees. the last house i bought was 16k in detroit.

beemk · 05-18-2007, 05:05 PM

Quote:

Originally Posted by abcx

Hey what state is the loan you are doing? ICQ Me, Im a licensed mortgage broker and Im straightforward with all fees on front and back end.

michigan

Furious_Male · 05-18-2007, 08:09 PM

Lending Tree is just a broker for a broker. With origination fees etc. they aren't any cheaper then going directly to a broker.

I have some solid connections in the industry. You should be getting a good faith estimate before pulling the trigger on anything. This will show all your fees.

Brokers are hurting for deals right now in my area. If the market is the same in your area don't be afraid to ask for a break on the broker fee.

05-18-2007, 09:09 AM	#1
beemk CLICK HERE Industry Role: Join Date: Jan 2002 Posts: 20,829	How do you pick out your mortgage broker? im on my third morgage now, and every time they always throw in some bullshit fees at the end. the one im getting right now has double the fees they told me. is there a way to shop them around and not have to worry about getting a bunch of shitty fees in the end, these people must not rely on repeat business too much. __________________ I host with Vacares

05-18-2007, 09:17 AM	#5
Nifty Themes Registered User Join Date: May 2007 Location: NiftyThemes.com Posts: 44	Have them give you a break down of all the %'s and fees in writing. __________________ ----- Blog Themes for $49 ----- ------ INSTANT DELIVERY ------

05-18-2007, 09:21 AM	#8
boneprone Hall Of Fame Industry Role: Join Date: Jan 2001 Location: Portland Oregon USA Posts: 34,415	On a serious note mortage brokers are like car salesmen now days. There is little regualtion and these places over the years have become a dime a dozen. There are more Mortage brokers around now than 7-11's..... Use www.lendingtree.com The closing fees are WAY lower, they come highly reconmended, and the people there are much more professional. Its good you tried three other places up till now. This gives you a good baseline so when something good comes along you will notice it. Trust me on this one.. I have some rental properties and have engaged in property ownership and financing of them for sometime now.. Lendingtree.com is the way to go. Let me know how it goes. BP4L __________________ Industry Hall Of Fame Legend Mike Jones Bow to the Power - Still BP4L http://gfyawards.com/hall-of-fame Learn about it kids.

05-18-2007, 09:35 AM	#13
beemk CLICK HERE Industry Role: Join Date: Jan 2002 Posts: 20,829	thanks, im going to try out a place like lending tree, they dont jack up the fees at the last minute? __________________ I host with Vacares

05-18-2007, 09:36 AM	#14
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	Yeah some things you just need to use the big brand names instead of some generic guy in a cube. __________________ 43-922-863 Shut up and play your guitar.

05-18-2007, 09:22 AM	#9
MattO The O is for Oohhh Join Date: Feb 2003 Location: AUSTIN TEJAS Posts: 10,861	I'm lucky, my brother is a mortgage broker.

05-18-2007, 09:39 AM	#15
beemk CLICK HERE Industry Role: Join Date: Jan 2002 Posts: 20,829	Due to current market conditions, the lenders on the LendingTree network are not accepting requests for loan amounts less than $100,000 from LendingTree. If you feel comfortable increasing your loan amount, please do so. Otherwise, a lender or mortgage broker whom you contact directly may be able to fulfill your request. LendingTree is continually adding new lenders to our network to better serve our borrowers. We hope you will consider LendingTree again in the future. the houses i buy for investment are in the range of 50-75 __________________ I host with Vacares

05-18-2007, 09:47 AM	#16
boneprone Hall Of Fame Industry Role: Join Date: Jan 2001 Location: Portland Oregon USA Posts: 34,415	50-75k for a house?? WTF???????? Detroit is that cheap nowdays? __________________ Industry Hall Of Fame Legend Mike Jones Bow to the Power - Still BP4L http://gfyawards.com/hall-of-fame Learn about it kids.

05-18-2007, 10:03 AM	#18
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	my first one was a the husband of a model. Good guy.

05-18-2007, 08:09 PM	#21
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,881	Lending Tree is just a broker for a broker. With origination fees etc. they aren't any cheaper then going directly to a broker. I have some solid connections in the industry. You should be getting a good faith estimate before pulling the trigger on anything. This will show all your fees. Brokers are hurting for deals right now in my area. If the market is the same in your area don't be afraid to ask for a break on the broker fee. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws