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Stone Of Love
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Join Date: Oct 2004
Location: Detroit City is the place to be...maddog town gonna set you free
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2007-03-14, 23:13

I had a mortgage agent try to take advantage of me at the last minute. My experience says that a mortgage lender can make the most by getting you into a 30 year fixed.

If that is what you want, you should be ok. But if your looking for another type of loan, then beware.

I was ready to walk away from the house I'm in and was saved by another lender at the last minute. This was 11 years ago, and we wanted an ARM so we could get a bit more house for about the same monthly. Mortgage agent said at the last minute that we didn't qualify for that type of loan, but I "could get a 30 year fixed for only $300 more a month"!!

I wish I had a tape of the blue streak I screamed at that woman on the phone that day! I'm sure it would be legendary!! LOL

Good luck, and keep your eyes and ears open at all times!

Different Strokes, for Different Folks.
And So On and So On, and Skoobie Doobie Doobie.
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