I thought the closing costs were high. I had to pay $4000. I know there are some lenders that will split it or suggest both parties split the cost. I am not sure why it costs so much to close on a home but those fees seem to be a lot to me.
Interest Rate
My interest rate is very low. My lender did a good job getting me the lowest rate possible. I was fortunate that they called me and worked with me on that process. I have 3.85 percent. I felt this was very good considering my credit was not the greatest.
Loan Officer Service
She did an outstanding job. She would call me once a week and let me know the process. She also went through my credit and bills and described to me in detail what I needed to do. I had to pay down some credit cards and she helped me throughout that process.
Overall Rating
Pros
They have always been good. The send me letters when something changes and are available when I call. The only thing that really changed was the taxes went up after the first year so I had to work through that with them.
Cons
They did a really good job working with me and always answered my questions. They answered when I called or made it a point to give me a call back with the answers I was looking for.
Date: June 10, 2018 Age: 40 to 49 Gender: Female Marital Status: Married
Closing Fee
The owner of the house paid for half of the closing cost, which helped me tremendously. Having to come up with extra money is always hard, so the help was appreciated.
Interest Rate
My first mortgage was 6.5%. On the home that I have now, my interest rate is 3.25%. I felt that it was an extremely good rate as opposed to my first mortgage with Wells Fargo
Loan Officer Service
My loan officer got back to me right away with my pre-offer and was extremely efficient with all of my loan needs.
Overall Rating
Pros
I liked the fact that I was approved right away and that I didn't get the runaround. Everything went extremely well and everyone involved was very efficient
Cons
I don't like the fact that online payments don't give you the option to make partial payments. I would like to pay with both of my paychecks instead of having to come up with one big payment.
Date: February 07, 2018 Age: 40 to 49 Gender: Male Marital Status: Married
Closing Fee
My first mortgage was $0 money down. My next house was $5200 down. I didn't have any money to put down on my first house at the time.
Interest Rate
I used to have a mortgage through wells Fargo on another house before I bought the residence that I live in now. My first mortgage was 6.5% The mortgage on my next house is 3.25%
Loan Officer Service
My loan officer was very accommodating and did a step by step process with me. I didn't have any difficulty because I was pre-approved and most of the information was taken before I found the house that I was looking for
Overall Rating
Pros
My lender told me everything that I needed to have to buy the house and put together all of the information himself. All I had to do was produce what was necessary at the time
Cons
I don't have any complaints. He was very accommodating and forthcoming with information. All I had to do was come up with the necessary documents and fill out the paperwork. everything else was done for me