Mortgage Question?

The New York Times recently ran an article with the point that at this time, it is better to go directly to bsnks rather than use a mortgage broker. Methinks the article ran within the last 2 months; sorry I can't do better than that. For various reasons explained in that article, this is a propitious time to go straight to a bank if you want the best deal.

Best of luck!

While it is true some of the big banks (notably Wells) are not working with mortgage brokers, we are buying and using a mortgage broker for the service aspect.

We tried to go directly to one of the big lenders...and they've fired everyone. Back office is backed up, our paperwork came in wrong . . I'd rather pay a smidge more on the loan and make sure it closes without hassle.

ali r.
{downtown broker}