| Author |
Message |
    
breal
Citizen
Username: Breal
Post Number: 803
Registered: 6-2002
| | Posted on Monday, April 3, 2006 - 11:26 am: | 
|
I'm beginning a quest for new mortage, and would love to skip the part about scouring the earth for the cheapest APR.
Has anyone got a good deal recently? Care to share the name of the lender? I remember from previous scourings of the earth that the number that matters to me is APR. Tricky stuff about points and weird closing fees--I won't go there. |
Rick B
Citizen
Username: Ruck1977
Post Number: 1048
Registered: 8-2003
| | Posted on Monday, April 3, 2006 - 11:58 am: |
|
What kind of mortgage are you talking about?
we recently saw 6.375 and 6.5 for 30yr fixed. |
srg227
Citizen
Username: Srg227
Post Number: 39
Registered: 6-2004
| | Posted on Monday, April 3, 2006 - 12:31 pm: |
|
loansearch.com
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Morrisa da Silva
Citizen
Username: Mod
Post Number: 421
Registered: 12-2003
| | Posted on Monday, April 3, 2006 - 3:05 pm: |
|
Try Hudson City Savings and American Bank of NJ |
Wendyn
Supporter
Username: Wendyn
Post Number: 2887
Registered: 9-2002
| | Posted on Monday, April 3, 2006 - 3:21 pm: |
|
Another plug for Hudson City. They seem to have very low rates (although maybe not the lowest), never sell their loans, and are amazingly straightforward with their fees, making the closing an easy process. |
greenetree
Supporter
Username: Greenetree
Post Number: 7129
Registered: 5-2001
| | Posted on Monday, April 3, 2006 - 4:08 pm: |
|
You can start with your own bank or present mortgage holder. Like credit card companies, see if they'll give you a better deal with less paperwork hassle and lower closing costs. |
Mergele
Citizen
Username: Mergele
Post Number: 375
Registered: 7-2003
| | Posted on Monday, April 3, 2006 - 4:36 pm: |
|
I just did this search last weekend. THe best I found was 6.25% no points, no origination fees (conforming) at E*Trade mortgage. |
Rose1
Citizen
Username: Rose1
Post Number: 9
Registered: 3-2006
| | Posted on Monday, April 3, 2006 - 5:55 pm: |
|
We just got a house and closed last week with a 30 year fixed mortgage at 6.125%. We had a great mortgage broker, and he had locked that in for us a few weeks before through Wells Fargo. No points. The broker's name is Julian Ashley, and his number is 917-716-9226. I know several people who have used him and all have good things to say.
Good luck! |
NJguy99
Citizen
Username: Njguy99
Post Number: 7
Registered: 3-2006
| | Posted on Tuesday, April 4, 2006 - 12:54 pm: |
|
I can't say enough good things about Investors Savings Bank. Mortgages are run through a subsidiary called ISB Mortgage that's in Millburn, then transferred to the bank for servicing.
Everyone at the mortgage company is fantastic. Did a purchase and a refi through them, after weeks waiting for another "mortgage banker" to come through. They were fast and efficient, and actually returned phone calls within minutes.
Their rates seem to be lower than some of the "internet banks" (e-loan, etc) and there are no points. Total fees were about $750 - including appraisal. They don't seem to do any of those 75-10-15 loans or anything like that, but for a basic, straightforward loan, I'm never dealing with anyone else.
Their main phone number is 973-376-8100.
PL me and I'll give you the name of the person we worked with. |
jet
Citizen
Username: Jet
Post Number: 1082
Registered: 7-2001
| | Posted on Tuesday, April 4, 2006 - 1:07 pm: |
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What ever you do , take the fixed rate. The Fed shows no sign of reducing short term rates & Fridays unemployment data should point the way for higher rates . |
Robert O'Connor
Citizen
Username: Local24
Post Number: 6
Registered: 3-2006
| | Posted on Tuesday, April 4, 2006 - 10:24 pm: |
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Go to www.bankrate.com very informative site.
|
breal
Citizen
Username: Breal
Post Number: 824
Registered: 6-2002
| | Posted on Wednesday, April 5, 2006 - 10:45 pm: |
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Thank you for the suggestions & contact info, everyone. I really appreciate the these ideas. |
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