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re: Regions Mortgage

Posted on 11/17/16 at 10:09 am to
Posted by baldona
Florida
Member since Feb 2016
20525 posts
Posted on 11/17/16 at 10:09 am to
quote:

Good. Makes me feel better. I like that they don't sell their loans.


None of them? This would really surprise me. I'm not in the business, but just in my experience the big banks don't keep them all. All I'm saying is I wouldn't use Regions for that specific reason unless you know it is 100% true.
Posted by basiletiger
lafayette, la.
Member since Aug 2007
2141 posts
Posted on 11/17/16 at 5:16 pm to
If you like saving money shop rates. Don't just say "they treat me well so i stayed with them" Some charge an origination fee some don't.

Just closed on my new home loan. 30 years 3.375 and no origination charge.
Posted by GeauxTigers1983
Ponchatoula
Member since Sep 2015
561 posts
Posted on 11/18/16 at 6:41 am to
I was told they keep them. At least in the beginning.
Posted by fillmoregandt
OTM
Member since Nov 2009
14368 posts
Posted on 11/18/16 at 11:03 am to
Regions has the servicing capabilities to likely maintain them.

If anything, they are likely buying more servicing rights
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