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January 13, 2005
The Mortgage Process
In the midst of buying a home, the mortgage industry has thrown me some curve balls. And I thought I had all bases covered.
It started out the my mortgage broker transferred to another part of the company and left me hanging. The new broker that took over my account eventually left himself.
When the date of closing got moved up unexpectedly, I needed to get the ball rolling so everything would be inline. Turns out I was given wrong information.
I was pissed. I called the company - CTX Mortgage - ranting and raving. I thought it was terrible how I was being treated. Well, that got their attention, but now I didnt' believe a word they said. One person told me one thing, another told me another. All this for being a 'slam dunk' transaction.
I decided to call another one of the preferred lendors. This time things are going much more smoothly. I secured a better rate and looks like I'll receive some better perks for the life of the loan.
That'a something mortgage brokers can't offer.
I'll update this entry when everything is complete. I'm certain there will be atleast one surprise.
Posted by pgraber at January 13, 2005 05:29 PM
