Category Archives: mortgage quote

What happens if we don’t close by the date the offer and mortgage agreement are good till?

My boyfriend and I are buying a house. We’ve done everything needed on our end. When we put in our purchase offer, it was determined that we would close by October 3, which is the date the mortgage commitment is good until. Right now we’re waiting for the sellers’ attorney to send our attorney the [...]

Interest rate different than quoted for mortgage?

We thought we had locked in at a certain fixed rate with our lender, we verbally confirmed with him that we wanted to lock in. A mistake was made on the lenders end and now our rate will be .5% higher if we want to continue with a fixed rate. Has anyone had a similar [...]

Can you use another mortgage broker if one already gave you a quote?

Can you use another mortgage broker if one already gave you a quote? One mortgage broker said something completely different than the other and I don’t trust this one. can I do that? Will it mess up my credit? It’s a good idea to receive multiple quotes. When a broker gives you a good faith [...]