Financial Planning, Mortage

Fantastic Mortgage Rates this Week!

I am getting inquiries about refinancing this week, with rates so low.

Here’s my advice on shopping for a mortgage:

1st, you want to be working with someone proven, that can get it done.
As you’ve probably heard, that can be tricky now days.
My two favorite brokers are
Mona Lisa Dickinson at Mortgage Advisory Group.  Her cell is 206-227-6662
Jon Wagher at Alpine Mortgage. His phone is 206-769-3738.

2nd, to compare, you want to know both what your interest rate and
payment will be, and what it will cost you in fees and closing costs.
It also helps if you know your credit score ahead of time as rates and
fees depend on that number. (You can try to get it free at
https://www.annualcreditreport.com. I have heard it works, but haven’t
used it myself)

3rd, Call all your prospects on the same day, so the rates are the
same. Know your mortgage balance, approx. value of your home, credit
score, and when you want to close. If they all have the same scenario,
you should be able to compare rates and fees.

Happy Shopping!

Greg