Saw an ad today from Prime Choice Funding advertising a 1.8% 15-year and 2.25% 30-year fixed rate. Not sure whether they’re legit, but figured I’d share for those interested in researching it further.
4 Likes
I’ve never seen a big bank be able to compete with the smaller lenders that you can find on zillow. Yes, it may be slightly less hassle, but they’re usually at least a half a point higher.
1 Like
Well they did with my jumbo refi (Chase w relationship) and jumbo purchase (Wells w relationship)
1 Like
ah good to know. I guess I’m lucky enough not to have to deal with that. 
I’ve kept my mortgage under 600k.
I just got my settlement check in the mail last week from their 2018 scandal when they opened/closed accounts without my consent and screwed with my credit profile.
Ironically when I checked mail today, I received 3 separate letters from them (one for each account) notifying me that they are closing all of my accounts after performing routine risk assessment analysis.
Stay as far away from Wells Fargo as possible. Absolute dumpster fire of a company — I’d never want to have a loan through them.
4 Likes
Completed my second refi of the year yesterday. Saved 1% APR compared to January. Went with the same mortgage broker; she was swamped due to the low rates. Got 2.375% APR with $3,000 in closing credit for a 30-year.
5 Likes
Wow. Guess I need to look into this again…
Anyone have any experience with cross country mortgage?
https://www.costco.com/mortgage-services.html
I few years ago I refinanced with another company on costco’s website, First choice loan services, they beat out every other quote I recieved.
This new company doesn’t have many reviews but the ones I found have so many horror stories.
Did a purchase and refi’ed 3 times in the 2014-17 timeframe with Cross Country. Didn’t have any issues and they were usually 21 days or so from start to COE.
2 Likes
Was it conforming or Jumbo loan?
This is true, but the company I work for has been writing jumbo loans nonstop right now. The difference is we do one-off jumbo loans and hold them on our own books, so we have more flexibility with underwriting. If this interests anyone, message me and I’ll put you in touch with our top-grossing jumbo mortgage person. I believe she closes in every state
2 Likes
Interactive Mortgage - just locked 2% APR on a high balance refi 15-yr fixed, closing costs of a few hundred dollars (just prepaid interest). NorCal area, but they are licensed in AZ, CA, CO and TN.
PM/DM if interested in contact info.
3 Likes
Applied 9/14 and got an email saying I was approved by underwriting and will get getting email to proceed in next few days. Fingers crossed for smooth sailing from here on out.
Anyone have a good broker in pa?
Just locked in 2.375 fixed for 30 years with a $1000 closing credit through Strong Home Mortgage which I found through Costco Mortgage referral.
No appraisal needed and upfront due is title and settlement fees (about $1000) plus escrow prepaids, of course.
Pretty happy! This knocks me down a full percentage point.
2 Likes
Is this for conforming or jumbo loan?
Sorry - high-balance conforming. We are in jumbo territory now but within a few k of high balance conforming so I’m just making a few principal payments to bring it down. The rate for jumbo was still pretty good at 2.625 with $1k credit, I just liked the 2.375 number.
3 Likes
2.375 is an excellent rate. Congrats! More money left over for the next Maserati hack…
1 Like
2.625 for a jumbo is also amazing. Their rate through Costco for me was 2.875.
Beating that by 1/4 would be great. Maybe one day…
For sure! I think I just timed it right.