WordPress database error: [Can't open file: 'wp_savemoreloan_comments.MYI' (errno: 145)]
SELECT ID, COUNT( comment_ID ) AS ccount FROM wp_savemoreloan_posts LEFT JOIN wp_savemoreloan_comments ON ( comment_post_ID = ID AND comment_approved = '1') WHERE ID IN (48) GROUP BY ID

SaveMORE Loan » Blog Archive » What kind of mortgage lender should I use?

August 31, 2007

What kind of mortgage lender should I use?

by @ 1:50 pm. Filed under Uncategorized

The relationship between you and the representative of the lending institution is crucial. Always get a referral, from your agent or a friend.

 

A bank is the obvious choice, but their criteria are the most stringent. How will your credit score measure up? Are you steadily employed with a substantial paycheck?

If you get turned down by a bank, be sure you know exactly what you need to do to qualify in the future.

 

Do you belong to a credit union through your church, job or alumni association? Their rates tend to be lower than bank rates.

 

Mortgage institutions (not brokers) front your loan and then contract with a third party to fund it. Advantages over banks are lower interest rates and a wider variety of choices.

 

Mortgage brokers are middle men, who tend to charge higher points than other sources. A referral from a trusted source is doubly important when choosing one.

 

Link to “Top 10 Questions to Ask Your Mortgage Broker

WordPress database error: [Can't open file: 'wp_savemoreloan_comments.MYI' (errno: 145)]
SELECT * FROM wp_savemoreloan_comments WHERE comment_post_ID = '48' AND comment_approved = '1' ORDER BY comment_date

Leave a Reply

[powered by WordPress.]

Hot Topics:

Categories:

Search:

Archives:

August 2007
M T W T F S S
« Jan    
 12345
6789101112
13141516171819
20212223242526
2728293031  

Real Estate:

Feeds:

18 queries. 0.298 seconds