What are the questions he won’t answer? If he is not answering all you question maybe it is because he is not ready to have you squeeze his best pricing out of him. Maybe he is just a dope. Who knows?
In any case,why work with only one?
Maybe some referrals will give you the best pricing without competion but that doesn’t always seem like the norm. Anyway, if you choose to get loan originators to compete, timing the crux of the negotiation with the opening of escrow seems to be most effective, as you have the leverage at that point.
I know most piggs probably understand what constitutes pricing in mortgages but if you don’t, try to get a clear picture before starting.
My last client knocked off 1/2 pt. and locked a great rate on a dip using this method. Not everyone wants to go to the trouble of course. It was $2500 in his case.He went with the person who took the original application and didn’t need to submit a second one to get the break. I don’t know if he got the best deal in the world but he has $2500 he wouldn’t and affected his destiny favorably regarding rate.He got great service during escrow too.
Disclaimer: Feel free to improve on this piggs I am not a mortage broker.