Where to Get the Best Mortgage Rate
by Osman Parvez
—-
A lot of people are asking me who has the best mortgage rate. Time to invoke the wisdom of the crowds.
If you’ve recently refinanced or taken a new mortgage, or if you plan to do so in the near future, please leave a comment with the following:
———–
Principal: (The amount financed, i.e., $375,000)
Rate and Structure: (i.e., 4.9% fixed, 30 year, conventional)
Fees and Points: (i.e., $500 closing fee, 1 point or $3,750)
Estimated Loan to Value: (i.e., 75%)
Date Closed: (i.e., 12/15/2009 or “next week”)
Property Location and Type: (i.e., Boulder, primary residence, single family home)
Lender: (i.e., Wells Fargo)
Contact: (If you recommend the person, go ahead and provide a name and number)
Subjective: (i.e., “Jane was the nicest, most straight forward lender I interviewed and she had the lowest rate by far!”)
——–
Naturally, we have a list of lenders we often send clients to, but rates and programs change all the time. Bottom line: Mortgages are a commodity and you have to shop around to get the best deal. I look forward to your comments.
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image: Brian Sawyer
—-
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
Where to Get the Best Mortgage Rate
by Osman Parvez
—-
A lot of people are asking me who has the best mortgage rate. Time to invoke the wisdom of the crowds.
If you’ve recently refinanced or taken a new mortgage, or if you plan to do so in the near future, please leave a comment with the following:
———–
Principal: (The amount financed, i.e., $375,000)
Rate and Structure: (i.e., 4.9% fixed, 30 year, conventional)
Fees and Points: (i.e., $500 closing fee, 1 point or $3,750)
Estimated Loan to Value: (i.e., 75%)
Date Closed: (i.e., 12/15/2009 or “next week”)
Property Location and Type: (i.e., Boulder, primary residence, single family home)
Lender: (i.e., Wells Fargo)
Contact: (If you recommend the person, go ahead and provide a name and number)
Subjective: (i.e., “Jane was the nicest, most straight forward lender I interviewed and she had the lowest rate by far!”)
——–
Naturally, we have a list of lenders we often send clients to, but rates and programs change all the time. Bottom line: Mortgages are a commodity and you have to shop around to get the best deal. I look forward to your comments.
—
image: Brian Sawyer
—-
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
