Big Banks VS Mortgage Brokers 2
February 3, 20122 CommentsHARP 2.0 Refinance Program, Mortgage Refinance Big Banks VS Mortgage Brokers, HARP 2.0 Refinance Program, Ken Turkington, Michigan, Michigan Home Loans, Michigan Mortgage Broker, Mortgage, Mortgage Rates, Personal Finance, Refinance
We talked in a recent video about the difference between Big Banks and your local, friendly Mortgage Broker. These Big Banks are going to ramp up their marketing efforts to retain you as clients as the HARP Revisions take place March 17th.
Here are a few things for you to be prepared for as they solicit you or if you call them:
- On-Hold Time can be excruciating – One of our clients waited over an hour
- Interest Rates with the Banks are substantially higher than what we are offering
- Big Banks claim with them, “The Process will be EASY“
Moral of the story is that there are only a few scenarios where your current mortgage company may be the right choice. Give us a call or forward this to others you know are interested in refinancing. We can get you answers accurately and quickly.
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