30yr Fixed Conforming Loan - Big Name Bank vs Smaller Private Lender?
2011 Nov 5, 3:20am 3,252 views 3 comments
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BayArea
2011 Nov 6, 12:12pm
Already on my way to Amerisave.
Unfortunately WF has me by the balls on my primary since I can't refi and they won't work with me on the new loan.
Frustrated...
B.A.C.A.H.
2011 Nov 6, 12:57pm
I like using the retail banking as a sort of a clearing house for my direct deposit, miscellaneous ATM grocery money, etc. .
But that's it.
Credit unions, vanguard, mattresses.
lostand confused
2016 Feb 11, 7:54am
Am Sir vijay taylor , I give out affordable loan at 3% interest rate. contact us at: alansmith.smith58@gmail.com with Your Full
Name, Amount Needed, Duration, Country, Mobile No
Name: Whatever you want it to be
Amount Needed: 25 million dollars
Duration: 200 year mortgage with 0% interest and no payments for 50 years and also 15 million in cash right away .
Country: USA
Hi folks,
After taking to a few different lenders this week, I'm seeing that the smaller private lenders are giving better rates and claiming that there is no difference in the loan compared to if one of the bigger banks like WF or BofA.
I'm wondering if anyone can shed any light on what to watch out for or be cautious of when going with one of the smaller private lenders? I typically make sure to specify no prepayment penalties, but beyond that I could use some guidance.
The loan on my primary is with WF currently and after discussing 2nd home loans with them this week, they don't seem too thrilled in giving me a 2nd loan which would result in two loans on the same income, despite the both loans coming in under 45% of my gross income.
Thanks,
Luke