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WOULD YOU SUGGEST GOING THRU A MORTGAGE COMPANY OR AN ACTUAL BANK FOR A LOAN ON OUR FIRST HOME?

November 16th, 2009 | village bank mortgage

We consider we know the cost range, though have been perplexing to see where we should essentially go…a internal debt association in the encampment or an tangible bank nearby? What would we suggest? Thanks in allege ;-)

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3 comments ↓

#1 David Z on 11.16.09 at 7:11 pm

they are about the same.

A bank will be selling loan also so in that circumstance the bank acts as a broker also.

#2 Ben Dover on 11.16.09 at 7:34 pm

Speak with representatives from both, then decide.

#3 Tonja on 11.16.09 at 8:23 pm

I always suggest a bank. Especially if it is a smaller bank where they take care of all the details like closings, etc… Some even do their own inspections.

One point on Davids answer. Your loan will be sold if you with a fixed rate APR. If you have a variable the bank will keep it.

Good luck!