- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Best Mortgage Lender
Posted on 9/12/16 at 9:43 pm
Posted on 9/12/16 at 9:43 pm
Shopping for a 30 Year Fixed... PenFed looking strong thus far.
Know of an institution with No origination fee, low closing costs, decent rates?
Thanks!
Know of an institution with No origination fee, low closing costs, decent rates?
Thanks!
7
Posted on 9/12/16 at 9:45 pm to Hoyt
My current mortgage is with Penfed and I've been happy with them.
Posted on 9/12/16 at 9:53 pm to foshizzle
I have a HELOC and CC with them and love their customer services... Not liking the Origination Fee and Closing Costs though
Posted on 9/13/16 at 7:43 am to Hoyt
I have limited experience with mortgages ( only having 4 in my life) but no fees usually is made up with a little bit of a higher rate.
Posted on 9/13/16 at 10:31 am to achenator
Try Whitney. I think I am going to use them for a HELCO. I would steer clear of wells fargo at all cost.
Posted on 9/13/16 at 11:54 am to Hoyt
One thing that often gets overlooked is whether or not the lender allows re-casting or re-amortization. That was my #1 priority the last time I was looking for a mortgage. Being able to lower your monthly payment w/out refinancing is a great thing to have in your back pocket, assuming you make extra principle payments.
Posted on 9/13/16 at 2:29 pm to Hoyt
what did Penn Fed quote you. I am curios !
Posted on 9/13/16 at 7:52 pm to hawkeye007
Penfed can be misleading to the average consumer.
They have a 1% origination in addition to standard flood, appraisal and credit report costs that still apply. Their offering of 3.5% 30 yr fixed requires a 740 score and 30% down.
They would charge $2500(for a $250k loan) plus other minimal charges. My costs would be about $1500 less. Local bank in LA and same rate. 3.5/3.625% rate can be had with 20% down or less (not 30% they assume)
They have a 1% origination in addition to standard flood, appraisal and credit report costs that still apply. Their offering of 3.5% 30 yr fixed requires a 740 score and 30% down.
They would charge $2500(for a $250k loan) plus other minimal charges. My costs would be about $1500 less. Local bank in LA and same rate. 3.5/3.625% rate can be had with 20% down or less (not 30% they assume)
This post was edited on 9/13/16 at 8:06 pm
Posted on 9/13/16 at 9:14 pm to Hoyt
PrimeLending
Posted on 9/13/16 at 10:31 pm to Hoyt
Eustis Mortgage. 60 year old Louisiana company that does the whole loan process in house. No origination.
Posted on 9/14/16 at 5:21 am to npt817
Eustis is a mortgage broker I assume?
Posted on 9/14/16 at 6:23 am to Hoyt
Check out the mortgage lenders that advertise on Zillow.
I went with New Penn Financial several years ago and enjoyed my experience. I only paid $995 for closing cost and received a 2.875 % rate, no points.
I went with New Penn Financial several years ago and enjoyed my experience. I only paid $995 for closing cost and received a 2.875 % rate, no points.
Posted on 9/14/16 at 12:17 pm to SomethingLikeA
whitney bank flat $925 charge no origination no discount points. Appraisal paid up front . loan amounts above 225k with 740 score are getting 3.5% on 30yr. I locked a 3.375% on a 30yr last week for a customer. go local and safe yourself some time. call you local whitney they will refer you to an originator.
Posted on 9/14/16 at 12:19 pm to Hoyt
I've used nola lending 3 times with no complaints
Posted on 9/14/16 at 4:29 pm to Hoyt
quote:
Eustis is a mortgage broker I assume?
They are not a broker. They are a direct lender with underwriting, processing etc all handled in house.
Posted on 9/14/16 at 10:23 pm to npt817
Wow does Eustis fund the loan and hold it?
Posted on 9/14/16 at 10:57 pm to Hoyt
Some are kept in house but most are sold after closing.
Posted on 9/15/16 at 6:13 am to npt817
Npt, we know each other. You on the A Team Bro?
Posted on 9/15/16 at 9:05 am to GFunk
Iberia Bank has a strong mortgage origination department.
Posted on 9/15/16 at 9:57 am to hawkeye007
Who is best for a construction loan if building a house?
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News