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Real Estate
Reply to "Where to start with mortgage prequalification?"
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[quote=Anonymous][quote=Anonymous]Agent back again. [quote]If you call Eagle Bank, they give you a loan with Eagle Bank, not with Wells Fargo or something else.[/quote] Eagle Bank has sold all of the loans of my clients to whom I've referred them, mostly to US Bank. My bad experience was with a non-local office of First Financial Services: closed two weeks late based only on their own incompetence and tardiness getting all the pertinent information to the "investor," so yes, they brokered out that loan as well, I forget to whom. Agents can only receive compensation from their broker; anything else is a violation of a whole host of state and federal laws. I recommend lenders who have great rates and do a great job, and I don't receive anything from them in the way that PP is accusing.[/quote] Right, but your first payment is with Eagle as the mortgage company. Selling it after settlement is different than them starting out with a different bank.[/quote]
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