Order our 2022 Sergeant ($349) or Captain ($399) Exam "Just the Questions" Click here to visit our website for more information and for a sample of our questions. Bundle the Key AND Rising Star for the Sergeant Exam. $795 for 2 schools! order here

Members Login
Post Info TOPIC: Important question


Veteran Member

Status: Offline
Posts: 64
Date:
Important question


I know this has nothing to do with the sgt test but this topic def gets the most traffic. Anyone on here ever use the mortgage lenders on the pba website. Curious to hear any experiences with them. About to purchase a new home and would like some feedback if anyone has any. Thanks to all and fingers crossed we get our grades soon



__________________


Guru

Status: Offline
Posts: 969
Date:

i used homerarica i believe. ACES! the guys were former pba delegates. I was really skeptical at first. they were a broker and i heard banks are better. The best rate i saw was bethpage credit union at 3.8. They got me 3.625 with no pts. Thus was in 2012 tho when the rates were low. I believe the guys i used left though.

__________________


Senior Member

Status: Offline
Posts: 153
Date:

I used homerica too. I had a great experience with them. I used a guy Mike but I also think he left. Not sure if sgt2be used the same guy. At the time I was working crazy hours and couldn't get there during the week & he would go in on Saturday mornings to meet me.

__________________


Newbie

Status: Offline
Posts: 3
Date:

Hello ALL, I am MIKE that worked at Homerica at that time. I am a retired long time delegate from the 46 pct. I have left Homerica and OPENED up my own company. I am now known as Mortgage MIKE and I am still taking care of all members of the service with the best deals and SERVICE. I can be reached at 914 336-2722 or mortgagemike@certuscapital.com. I offer discounts on mortgage related services and I am available days, nights and weekends. It is not Homerica that offered those great deals and services, it was me taking care of my clients as we are family. I appreciate the kind words from sgt2be and blue collar and it is the same person{ME} that worked with both of them, call to touch base and say hello. Thanks MORTGAGE MIKE MULQUEEN

__________________


Veteran Member

Status: Offline
Posts: 64
Date:

Im curious about the closing cost. They all say no closing cost which is crazy to me

__________________


Newbie

Status: Offline
Posts: 3
Date:

Hey Noll0317, this is Mortgage Mike. Closing costs are approximately 3% of the purchase price on a conventional loan and a little more on a FHA loan. NOTHING is free as your instincts are telling you. There are programs out there that you dont have to pay closing costs BUT you pay a much higher interest rate, as the higher interest rate covers the closing costs and will cost you A LOT more over the course of your loan. There are also sellers concession's that allow you to build in your closing costs INTO your mortgage instead of paying them the day you buy your house BUT also over the long haul will cost you more also BUT if that is what it takes for you to get into your home, you might feel it is worth it. If you have any other questions, feel free to call me 914 336-2722 or email me @ mortgagemike@certuscapital. COPS taking care of COPS     MIKE



__________________


Veteran Member

Status: Offline
Posts: 64
Date:

Mortgage mike thanks for the info. Really appreciate it. Just sold my house getting into a new construction the whole process is such a pain in the ass. Havent got a loan secured or anything so i may be calling you

__________________


Newbie

Status: Offline
Posts: 3
Date:

Hey Noll0317, with new construction- there are even more costs associated with buying new construction that I am sure the builder has not told you about. For example, they will want YOU to pay the builders NYC or NYS transfer taxes, filing fee, gas and or electric meters hookups and installation and they will want you to pay for their attorney ALSO. I am sure they have not mentioned any of this to you, so ask them. Call me when you need me.     MORTGAGE MIKE 914 336-2722



__________________


Veteran Member

Status: Offline
Posts: 58
Date:

Mike did my loan 2 years back and he was excellent. Bank gave me little trouble but he took care of it on his own... Fully recommend mike

__________________


Senior Member

Status: Offline
Posts: 395
Date:

Hate to be a buzzkill, sounds like some good info here, but can a mod move it to the 'Anything Goes' page and off this exam's page?

__________________



Senior Member

Status: Offline
Posts: 326
Date:

Wingnut wrote:

Hate to be a buzzkill, sounds like some good info here, but can a mod move it to the 'Anything Goes' page and off this exam's page?


 ^^^^^Buzz Killington a la "Family Guy" 



__________________


Veteran Member

Status: Offline
Posts: 35
Date:

Let's kill this thing go to the rant

__________________


Senior Member

Status: Offline
Posts: 200
Date:

My thoughts exactly anything goes thread

__________________


Guru

Status: Offline
Posts: 804
Date:

You guys realize that whole convo was an ad right. Lol.

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us