All Locked Up

lockPlease don’t wait!

Secure your loan and interest rate. Now.

Rhonda Porter does such a fabulous job in explaing how this all happens and how to work with your loan officer correctly, that I think you should go directly to her post. An excellent, thorough post.

And notice what she writes at the end, “What ever you do, please do not select the person who will be assisting you with your largets investment (your mortgage) by interest rate alone.”

Someone should write a book about this.

There is always a better chance that the market (rates) will get worse than get better.

8 May 2007 | First Time Homebuyers, Good Faith Estimate, Interest Rate | Comments

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One Response to “All Locked Up”

  1. 1 Rhonda Porter 9 May 2007 @ 7:54 am

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    Someone did write a book about this, a pretty good one, too! ;)

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Copyright © 2007 Richard Cohen. All Rights Reserved.