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All Forum Posts by: Account Closed

Account Closed has started 3 posts and replied 3 times.

Post: Choosing a Lender/Mortgage Broker

Account ClosedPosted
  • Posts 4
  • Votes 0

I've gotten a few good faith estimates (one from a Mortgage Broker and one from my local Bank of America). The BofA rate was 6.25%, at a 30 year fixed for a loan of 200k (1.07 points). The Mortgage Broker rate was 6.75% at a 30 year fixed for 200k (1 point). Obviously, it looks like the BofA rate is better (my friend commented that he's surprised that the bank had a lower rate of the broker). Is there anything else I should be looking at in my good faith estimate or are these numbers the main numbers I should go on when choosing which lender to use? Also, I know I need to interview mortgage brokers, does the same apply to bank lenders/officers? Thanks for any advice!

Post: Marshall Reddick

Account ClosedPosted
  • Posts 4
  • Votes 0

Has anyone attended any Marshall Reddick "Getting Started" seminars? Or done business with them? I'm going to a free getting started class and I won't have them run my credit report, but they may have some great information about investing. Just wondering if anyone had any bad experiences with them.

I'm thinking of investing in Albuquerque (rental home) and was wondering if anyone would have any good recommendations for a property management company there. I did look at narpmalbuquerque.org but I don't really want to have to interview the entire list (only 1 has an RMP designation). Any help would be great, thanks!