Johny Utah Posted June 12, 2013 Report Share Posted June 12, 2013 Where is the best place to get a morgage refi and consolidate? Quote Link to comment Share on other sites More sharing options...
Supplicium Posted June 12, 2013 Report Share Posted June 12, 2013 I hate the people behind Quicken but they should be a good start. Who holds your current mortgage? Quote Link to comment Share on other sites More sharing options...
SRTurbo04 Posted June 12, 2013 Report Share Posted June 12, 2013 AngryBMW does mortgage stuff for alt of people on cr. http://www.columbusracing.com/forums/member.php?u=301 Here is a thread he posted a few weeks back giving some info http://www.columbusracing.com/forums/showthread.php?t=111417 Quote Link to comment Share on other sites More sharing options...
Tractor Posted June 12, 2013 Report Share Posted June 12, 2013 Gotta watch those refi ads on the radio, quicken and first option lending come to mind. They get you a good rate but in return your almost handing them a blank check when it comes to the fees they tack on. Wife and I talked to them and she did mortgages for a living. They were going to add around $15,000 into the loan and were calling that the fee they get for doing it. Quote Link to comment Share on other sites More sharing options...
Johny Utah Posted June 12, 2013 Author Report Share Posted June 12, 2013 I hate the people behind Quicken but they should be a good start. Who holds your current mortgage? It was bank of America. They just sold if off to someone though. Some company I have never heard of. Quote Link to comment Share on other sites More sharing options...
mmrmnhrm Posted June 12, 2013 Report Share Posted June 12, 2013 More love for Marc... just finished a 3.5/30yr conventional with him; we must have spent a good 3 hours just playing around with different options like pre-paid versus monthly PMI, payment crediting schedules, that sort of stuff. Quote Link to comment Share on other sites More sharing options...
zeitgeist57 Posted June 12, 2013 Report Share Posted June 12, 2013 It was bank of America. They just sold if off to someone though. Some company I have never heard of. Green Tree. Servicing already sucks. Ask me how I know. Quote Link to comment Share on other sites More sharing options...
mmrmnhrm Posted June 12, 2013 Report Share Posted June 12, 2013 It was bank of America. They just sold if off to someone though. Some company I have never heard of. Yeah, hate selling off loans... Marc's place (usually) keeps them, as does Huntington and FirstMerit. Quote Link to comment Share on other sites More sharing options...
truckin Posted June 12, 2013 Report Share Posted June 12, 2013 What's a morgage? Quote Link to comment Share on other sites More sharing options...
Zx2guy19 Posted June 12, 2013 Report Share Posted June 12, 2013 ^^ Probably the same thing as "truckin" Missing letters: The cool thing to do. OP: I refinanced through Arlington Bank. Guys name is "Joe Sauk" and from my understanding, he is nationally ranked on mortgage creation and Re-fi. I locked in a 2.85%, 15 year conventional loan on my Re-fi. I actually got a check back at closing for $400 more than what I brought to closing. I literally made money to refinance my house (not really, I understand how it works). Quote Link to comment Share on other sites More sharing options...
LJ Posted June 12, 2013 Report Share Posted June 12, 2013 Gotta watch those refi ads on the radio, quicken and first option lending come to mind. They get you a good rate but in return your almost handing them a blank check when it comes to the fees they tack on. Wife and I talked to them and she did mortgages for a living. They were going to add around $15,000 into the loan and were calling that the fee they get for doing it. I actually got a HARP on one of my rentals through Quicken and they were cheaper than the other HARP banks around Quote Link to comment Share on other sites More sharing options...
Wease Posted June 12, 2013 Report Share Posted June 12, 2013 AngryBMW does mortgage stuff for alt of people on cr. http://www.columbusracing.com/forums/member.php?u=301 Here is a thread he posted a few weeks back giving some info http://www.columbusracing.com/forums/showthread.php?t=111417 You want to call Marc. He just finished mine up, 15 year / 2.75%. Awesome guy to deal with and a CR original member... Quote Link to comment Share on other sites More sharing options...
TimTaylor751647545500 Posted June 12, 2013 Report Share Posted June 12, 2013 Since we're planning on moving in the next year or so, Marc got us a 2.5% 1 year ARM with less than $400 out of pocket. Cannot say enough good things about him and his process. Great guy to work with. Quote Link to comment Share on other sites More sharing options...
BloodRed Posted June 13, 2013 Report Share Posted June 13, 2013 If you are even thinking of refinancing do it now. Interest rates have been steady going up for the past month. Rates have bottomed out and will do nothing but slowly rise the rest of this year. Quote Link to comment Share on other sites More sharing options...
GilbWs6 Posted June 13, 2013 Report Share Posted June 13, 2013 I did mine through Union Savings and wound up at 2.75 for 15 years. Very little out of pocket. Couple hundred for closing costs and filing fees and opening up a new escrow account. Quote Link to comment Share on other sites More sharing options...
KennyFKINPowerz Posted June 13, 2013 Report Share Posted June 13, 2013 Another one for angrybmw (Marc). Quote Link to comment Share on other sites More sharing options...
Johny Utah Posted June 13, 2013 Author Report Share Posted June 13, 2013 Thank you, I will be calling Marc when I get a chance. Quote Link to comment Share on other sites More sharing options...
AngryBMW Posted June 14, 2013 Report Share Posted June 14, 2013 Thank you, I will be calling Marc when I get a chance. PM'd. Thanks for the love fellas! Ask around, I will do anything I can for fellow CR members. 614-339-1206 is my direct line. I work for Union Savings Bank and we do service all conventional mortgages. GreenTree can suck a leaky asshole. Thanks! -Marc Quote Link to comment Share on other sites More sharing options...
TimTaylor751647545500 Posted June 14, 2013 Report Share Posted June 14, 2013 GreenTree can suck a leaky asshole. Thanks! -Marc Is that what I smelled in your office? Quote Link to comment Share on other sites More sharing options...
AngryBMW Posted June 14, 2013 Report Share Posted June 14, 2013 Is that what I smelled in your office? Probably Quote Link to comment Share on other sites More sharing options...
AngryBMW Posted June 15, 2013 Report Share Posted June 15, 2013 Johny Utah...please clear out some PM's so I can respond to your last message. Thanks! -Marc Quote Link to comment Share on other sites More sharing options...
coltboostin Posted June 15, 2013 Report Share Posted June 15, 2013 Quicken is fast, but you can always get a better deal elsewhere. I have also been an LO for a while now, and helped a few on CR. I am not a site sponsor though, so I do not advertise. Rates are SHIT right now, though. May be better than where you are now, but I would give it a month or 2 before you lock an interest rate. Quote Link to comment Share on other sites More sharing options...
AngryBMW Posted June 15, 2013 Report Share Posted June 15, 2013 Rates are SHIT right now, though. May be better than where you are now, but I would give it a month or 2 before you lock an interest rate. I'd politely disagree with the above statement. Rates are still amazing historically; we have simply been spoiled over the past 2.5 years with all time low interest rates. Keep in mind 3 years ago prime was 5%+. http://www.freddiemac.com/pmms/pmms30.htm As the .gov keeps trying to push treasury bonds on the market and they do not get the response they expect, we will continue to see rates rise. http://finance.yahoo.com/blogs/daily-ticker/mortgage-rates-aren-t-going-back-down-fannie-174009047.html?vp=1 (Not the best article...but you get the point) To be honest, I will not be surprised when we are back around 4.5-5% this time next year if not sooner. As consumer confidence increases and we push further into a purchase market we will see rates increase. It is actually a good thing and shows that our economy is strengthening. It is also a good thing for (some) mortgage originators as higher rates will weed out a lot of mortgage hacks. I’m looking forward to being busier than ever PS – I’m still below 4% for fixed 30yr terms and below 3% for fixed 15yr terms with next to no cost. Refi and purchase business welcome. Quote Link to comment Share on other sites More sharing options...
coltboostin Posted June 15, 2013 Report Share Posted June 15, 2013 I'd politely disagree with the above statement. Rates are still amazing historically; we have simply been spoiled over the past 2.5 years with all time low interest rates. Keep in mind 3 years ago prime was 5%+. http://www.freddiemac.com/pmms/pmms30.htm As the .gov keeps trying to push treasury bonds on the market and they do not get the response they expect, we will continue to see rates rise. http://finance.yahoo.com/blogs/daily-ticker/mortgage-rates-aren-t-going-back-down-fannie-174009047.html?vp=1 (Not the best article...but you get the point) To be honest, I will not be surprised when we are back around 4.5-5% this time next year if not sooner. As consumer confidence increases and we push further into a purchase market we will see rates increase. It is actually a good thing and shows that our economy is strengthening. It is also a good thing for (some) mortgage originators as higher rates will weed out a lot of mortgage hacks. I’m looking forward to being busier than ever PS – I’m still below 4% for fixed 30yr terms and below 3% for fixed 15yr terms with next to no cost. Refi and purchase business welcome. I was speaking in comparison to two months ago. I think we will see the 10 year Bond back in the 1.9's again in the next 45 days before things really go south. Quote Link to comment Share on other sites More sharing options...
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