Daniel, you’ve got all of 10 days on this site and are now the resident expert on mortgages. I’m real impressed with your resume.
I don’t know what is sadder:
The fact that you think that you know what you are talking about
OR
That someone may actually listen to you.
I never said that a broker will always beat other options but you don’t even understand that in most cases banks are mortgage brokers and perform the same function, often with employees that are clueless to explain other options that may be better.
When the “know it all” rate shoppers show up just thinking that they are getting the lowest rate possible, that’s when the real fun begins, and loans often can’t close.
I spoke to someone today that is having a HUGE problem with AIM, and he can’t get his phone calls returned. He regrets his decision now. He may lose his lock and the home.
My hot air can actually get someone a loan, your experience was fine for you, but pointless otherwise. It’s never been more difficult to get a loan through any lender, and the lowest/cheapest means nothing if the loan can’t close.
