Money Matters
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

If you have questions about this, please email help@theknot.com.

Thank you.

Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

Shopping for mortgage rates?

We're looking at purchasing a house and am looking into mortgage rates. What is the best way to do this? Go online (what sites)? Or go through a broker?

For online ones, how can you tell that they are actually reputable and will be able to finish the loan - our realtor warned us about the online ones, but I don't know to tell if a company is good or bad.

Lilypie Second Birthday tickers Lilypie Maternity tickers o

Re: Shopping for mortgage rates?

  • We are going through the same thing right now. Ask your friends for referrals also, Zillow.com has a list of different companies that are safe to go with. We ended up going with Chase because they have very competitive rates. 
  • IMHO, you can chose any one of the large or local banks in your area and be pretty A-Okay.

    Personally, I would avoid online lenders just due to the potential for customer service nightmares. The rates may be slightly lower, but I'm just not sure that it is worth it to end up doing business with a low-brow lender who cannot get paper work done on time and is poor at helping you out.

     

     

  • We checked out the average rates in our newspaper.  Then we called around to some local banks and asked for their rates if we couldn't find their rates on line.  We ended up choosing a local credit union.  As you start looking at rates, also find out about closing costs.  Some places advertise a rate that is a little lower but have higher closing costs.
    Image and video hosting by TinyPic Baby Birthday Ticker Ticker
Sign In or Register to comment.
Choose Another Board
Search Boards