[quote=waiting hawk][quote=danielwis]HLS you typed a bunch of hot air, and not much else.

There is nothing a mortgage broker can do that you can’t do for your self. I’ve gotten screwed by a mortgage broker on a purchase. On the other two, I found that I could and did do better than what they quoted.

Of course you can’t compare yesterdays rates to todays. Who said that? Of course rates depend on your credit score. Who said they didn’t? You threw a bunch of crap out there to try and make yourself sound “smart”. You failed.

Shop around and you’ll do your self well. Ignore the hot air that insist you use a broker.[/quote]

All 3 houses I bought I posted the scenerio of downpayment, ficos, purchase cost, and state on brokeroutpost.com forum where hundreds of brokers viewed the post and not 1 ever said “I can beat them”. Retail was the way to go for me. May not be the same for all but was for me.[/quote]

I agree. No sure way for all. I guess the point is, if you have questions regarding your mortgage broker, take a few minutes to call some lending institutions and see if he/she is in the ball park, or to see if you can do better on your own. Its not difficult or time consuming, and could save you thousands of dollars over the life of the loan. For those that would rather let the broker handle it without question, then I guess that works fine for them.