This has been a very interesting thread for me. Although I have always done no cost loans, and it has always been a good thing based on my own buy/sell history, I can see the validity of the arguments here.
I am looking for a new loan broker. Has anyone here used HLS and can share the experience? Any other references?
HLS, thanks for the information. If you don’t mind some some potential customer feedback, your web site raised some caution flags. As a web site developer myself, my feelings on your landing page are that it feels like the late 90’s style of linkbacks to try and raise search engine rankings. I don’t really care about getting good phone rates or disney discounts from my mortgage broker. I would rather he/she focus just on the loan.
You provide some good input here, and my intent is to provide constructive feedback – I’m not bashing in any way. From your comments it seems like you certainly know the industry.