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In need for a loan

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Icon Mini Profile axelnby





Joined: 11 Sep 2008

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1.66 Dollars($)
Post Posted: Thu Sep 11, 2008 10:05 am    Post subject: In need for a loan
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I need a mortgage person regarding a loan on a house selling 4 $335k price. Contract signed, both parties. Looking for the best deal. Contact me.
Icon Mini Profile axelnby





Joined: 11 Sep 2008

Posts: 2

1.66 Dollars($)
Post Posted: Thu Sep 11, 2008 11:55 am    Post subject: MartyPrecisionFundingUSA
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Martin,



I did the bankrate.com online calculator for the same amount I mentioned to you $316k mortgage loan, with a 30yrs term, 5.5% interest rate and I've got a different result of the one you said ($1914+$140PMI). I'm sending you the numbers of what I've got there, $1794.21. Any idea why?



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Icon Mini Profile gmakerley
gmakerley
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Joined: 09 Nov 2007

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Location: bloomfield, ct
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Post Posted: Fri Sep 12, 2008 8:40 am    Post subject:
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we have to be ever-vigilant, brian. this guy refuses to live up to the responsibility of being a poster on this forum.
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Icon Mini Profile lisascherzer



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Joined: 04 Jan 2008

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Post Posted: Tue Sep 16, 2008 12:59 am    Post subject:
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axelnby,

I would take the advice of gmakerly. He has been on the forum for a long time and is very knowledgeable. If he says this Martin guy is not living up to the code of ethics then I do not doubt it one bit. You need to work with someone that is ethical. This is especially true when purchasing a home, you don't want to be told that "the rate went up" right before closing. Or another famous line " I didn't lock your loan". If you do proceed with him, make sure you get your rate lock in writing to protect yourself. Not that you can do much with that other than submit a complaint to his governing agency.

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