Aloha - Insurance and Zone 2

[Devany]

We have used a loan broker before, but like anything else, you need to do your homework on that person and what they are offering. Maybe they are getting you a better rate? Maybe they are working with "high risk" properties(foreclosures)? One thing that happened with us, and it is common today, is our original loan was sold three times in 9 years. Meaning we had a different company/bank to pay every time it was sold and that was a little bit of a hassle. However,it finally ended up in the hands of our own Chicago Bank over time. While it is something that you have no control over, it also can make a difference if your loan ends up in the hands of a shady company. If you deal directly with a lending institution that you know and trust, then you stand a better chance of keeping the same mortgager over the time of the loan.

You are right Laurie, one does live and learn... it is a constant process for all of us. Life is full of lessons.

Aloha au i Hawai`i,
devany

www.myhawaiianhome.blogspot.com
www.eastbaypotters.blogspot.com