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Chug
I don't know how to rate the lender but I'd think you can check
with state trade comminsion in the state when lender is license to do
business.
I'm looking to refi my mortgage do you mind share how do you find
better rate and how did you compare the rate
Thanks
chunji08@gmail.com wrote:
> Hi
>
> I've found a very good mortgage rate over the internet. The
> interesting part for doing refinance over the internet are:
> 1. I can lock the rate right away, before my applicatioin form is
> submited.
> 2. I don't need to pay some extra 0.5% fee to this "broker", since I
> am dealing with the lender directly. So the closing cost is cheap.
>
> But on the other side, I'm kind of worried that once I paid fees, gave
> all my personal information, what happen if the company turned me down
> as they are giving me a rate that too good to be true, or they are
> using my personal information to do some bad things ?
>
> My question is is there a way for me to check that direct lender's
> "CREDIT" ? What should I be care of when I'm dealing with a direct
> lender ?
>
> If you have done such refinance before, could you give me some advise ?
>
>
> -cji
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Re: refinance with direct lender
