Question by : I am looking for a good mortgage lender with competitive fee's any suggestions? I am fee shopping for a FHA loan and have started the pre-approval process with 3 lenders with a call into a 4th. One of these is my bank and the others came off a Fannie Mae website and Dave Ramsey's website. I am doing FHA because most of my money is in another home i have currently which i will sell after i buy this home. Regions BB&T Churchill mortgage Amerifirst mortgage Any better suggestions? I have not bought or sold real estate since 1991. And some things have changed ! i am looking for 2-3 more suggestions. *** Yes. No ARMS wanted ... 30 year fixed only for me and no negative amortization loans either please. Best answer for I am looking for a good mortgage lender with competitive fee's any suggestions?:
Answer by Go with the flow
When you get your offers go to the bankrate.com website and look on the right. Currently the 30 year average mortgage is at 3.96% and the 15 year average is at 3.18% Don't get fooled by any "no closing costs" offers. They just hide it in their interest rates or penalties later on. And I hope you know to stay away from ARMS and points.
Dave Ramsey and Mike Hardwick talk about how they first got connected and why The Dave Ramsey Show endorses Churchill Mortgage exclusively.
mortgage-investment.blogspot.com Dave Ramsey talks about the Churchill Mortgage connection
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