How do you pick out your mortgage broker?

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  • beemk
    CLICK HERE
    • Jan 2002
    • 20829

    #1

    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
  • Azlord
    Confirmed User
    • Dec 2003
    • 2651

    #2
    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.

    Comment

    • Sosa
      In Tushy Land
      • Oct 2002
      • 40149

      #3
      Originally posted by Azlord
      I ask him how big is junk is.
      say what?!

      Comment

      • beemk
        CLICK HERE
        • Jan 2002
        • 20829

        #4
        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.
        I host with Vacares

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        • Nifty Themes
          Registered User
          • May 2007
          • 44

          #5
          Have them give you a break down of all the %'s and fees in writing.

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          • ztik
            Confirmed User
            • Aug 2001
            • 5196

            #6
            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.
            .

            Comment

            • Azlord
              Confirmed User
              • Dec 2003
              • 2651

              #7
              Originally posted by Sosa
              say what?!
              I meant "I ask him how big his junk is." Sorry, I anm tyopiung wifth my diuckj

              Comment

              • boneprone
                Hall Of Fame
                • Jan 2001
                • 34415

                #8
                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.

                Comment

                • MattO
                  The O is for Oohhh
                  • Feb 2003
                  • 10861

                  #9
                  I'm lucky, my brother is a mortgage broker.

                  Comment

                  • boneprone
                    Hall Of Fame
                    • Jan 2001
                    • 34415

                    #10
                    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.

                    Industry Hall Of Fame Legend Mike Jones
                    Bow to the Power - Still BP4L
                    http://gfyawards.com/hall-of-fame
                    Learn about it kids.

                    Comment

                    • boneprone
                      Hall Of Fame
                      • Jan 2001
                      • 34415

                      #11
                      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!

                      Industry Hall Of Fame Legend Mike Jones
                      Bow to the Power - Still BP4L
                      http://gfyawards.com/hall-of-fame
                      Learn about it kids.

                      Comment

                      • King Adam
                        Confirmed User
                        • Jul 2003
                        • 5408

                        #12
                        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

                        TWISTYSCASH.com - Proven to be One of the BEST Adult Programs Around
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                        • beemk
                          CLICK HERE
                          • Jan 2002
                          • 20829

                          #13
                          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

                          Comment

                          • Tom_PM
                            Porn Meister
                            • Feb 2005
                            • 16443

                            #14
                            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.

                            Comment

                            • beemk
                              CLICK HERE
                              • Jan 2002
                              • 20829

                              #15
                              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
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                              • boneprone
                                Hall Of Fame
                                • Jan 2001
                                • 34415

                                #16
                                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.

                                Comment

                                • abcx
                                  Registered User
                                  • Apr 2007
                                  • 132

                                  #17
                                  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.

                                  Comment

                                  • tony299
                                    lurker
                                    • Aug 2002
                                    • 57021

                                    #18
                                    my first one was a the husband of a model. Good guy.

                                    Comment

                                    • beemk
                                      CLICK HERE
                                      • Jan 2002
                                      • 20829

                                      #19
                                      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.
                                      I host with Vacares

                                      Comment

                                      • beemk
                                        CLICK HERE
                                        • Jan 2002
                                        • 20829

                                        #20
                                        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
                                        I host with Vacares

                                        Comment

                                        • Furious_Male
                                          Doing the grind since 99
                                          • Oct 2003
                                          • 16884

                                          #21
                                          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

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