Whatever Bank You work for they are probably in our network, why don't you see how they stack up against everyone else?? At Rate1st.com You can compare all the options for Free! We have a Network of over 25,000 Banks, Lenders, and Private Investors. Plus, a hot list of the top 100 lending sources in the U.S. including: Bank of America - Formerly "Countrywide", Wells Fargo/Wachovia, ING Direct, MetLife, Chase, GMAC (Ditech), US Bank, etc. many names you may or may not be familiar with. Plus, unlike LendingTree we keep all your personal info 100% private, We don't sell Leads! ...... Rate1st.com exists to save our customers money by helping them find the right bank or lender to work with and to help them make educated and informed decisions when selecting the specific type of loan program that is best for their unique borrowing situation. We are a Financial and Mortgage planning group that uses our proprietary software platform to match/connect borrowers with our network of 25,000+ FDIC insured Banks, Direct Lenders, and Private Investors. ........ Let us know if we can help. Start your Application at www.Rate1st.com

We are a broker and shop all the best rates for your particular loan. A bank will give you their rate, but obviously, they can't shop. I have done several loans (here in Charlotte) for employees of banks. Please call me and I'll be happy to quote you a rate and discuss your loan. We have extremely quick turnaround times and the best service. We are the #1 broker by volume in Charlotte; we do loans in NC and SC. I look forward to speaking with you.Merrill F. TibbalsLoan Officer 13840 Ballantyne Corporate PlaceCharlotte, NC 28277Phone 704.887.9409Cell 704.577.9910Fax 704.971.6171merrill@myersparkmortgage.com

You raise a good question, but there is really only one answer.... American Home Loans. We are not a bank, but we are also not a broker,, we are a correspondent lender, which means we can lend our own money with aggressive exceptions or lend other investors money. This makes us altra-competitive and allows us to pass on the benefit and value to you. Everyone claims to have the best rates, but does anyone really have a monopoloy on the market, rates, or even closing cost... the key for you is to survey a company that is willing to work for less, and give you more. Our moto is expect more and pay less. It sounds like you have a unique situation and I personally wouldnt want the company I work for to know my business. There are a lot options out there, but I can promise you we will work hard to be your best. Feel free to give American Home Loans a call and exprience the difference because at the end of the day talk is cheap and actions speak much louder than words. 727-898-0500

*Pros of working directly with a bank: - Building off existing relationship - Perhaps more trustworthy, more accountable - Better rates in some cases - Ability to add mortgage to existing banking profile and make automatic payments from existing accounts *Pros of working with a mortgage broker: - They do the legwork for you, comparing the wholesale rates of a large number of banks and lenders - Wholesale interest rates can be lower than retail (bank branch) interest rates - Brokers must disclose the yield-spread premium, banks do not - Can finance tough or tricky deals - Are typically easier to get in contact with, less bureaucratic **Cons of working with a bank: - Conservative loan programs - Do not disclose the yield-spread premium - Lengthy process, very bureaucratic - False promises - They make mistakes - May overcharge you (commission doesn't need to be disclosed) - Incompetence (poorly educated about the home loan process in some cases) **Cons of working with a mortgage broker: - They can make mistakes - May overcharge you (how mortgage brokers make money) - Possible False promises - Incompetence (poorly educated about the home loan process in some cases) - May not have access to programs with select banks. --------That said, your experience can really vary based on who you choose to work with, as some banks and lenders may overcharge you and give you the run-around, while a mortgage broker may do an excellent job and secure a lower interest rate for you. And vice versa. It really depends on your situation and the specific bank or broker you ultimately work with, so be sure to shop around.

Proof that Brokers Are Better For ConsumersHere is a press release from the National Association of Mortgage Brokers highlighting the results of a study done by George Washington and Oklahoma State Universities. The link for the study results is listed in the press release.What you should do, if you are a mortgage broker, is print this press release, write one similar to it and submit it to all your local media. Include it in your sales presentation. Bring it out whenever a client says they can get a better deal at their bank. Post it on your website, and hang it on your wall for all to see.Study Reveals Brokers Are Less Costly Option For Sub-Prime BorrowersNew Study Finds Factual Evidence That Consumers Pay Less With a Broker Washington, DC. - October 18, 2006 - Brokers are a more cost-effective option for consumers in the subprime home loan market, according to a joint study released by economists at George Washington and Oklahoma State universities. The study compared sub-prime loans originated by brokers and traditional lenders such as banks between 1995 and 2003. Its findings reveal that the reason brokers originate more than 50 percent of all residential loans is because they are a more efficient and cost-effective option for consumers."Brokers are small business men and women who have to be competitive to remain in business," said NAMB President Harry Dinham. "The hard data in this report is a clear sign that this competition is benefiting consumers in the sub-prime market."Dinham said that it is unfortunate that some groups have tried to use anecdotal evidence to accuse brokers of encouraging consumers to choose loans that are more profitable for the originator. This is commonly called steering.The study notes that, "The evidence does not support the hypothesis that customers of brokers generally pay higher prices than customers of lenders because of steering... One can conclude only that in the sub prime market brokers' customers generally paid less than lenders customers." "Unlike many of the largest lending institutions, most brokers are members of their community who help originate loans for the same people we spend time with at Kiwanis Club meetings and Little League games," said Dinham. "Our reputation is the heart of our business and it only makes sense that we would do everything in our power to make sure our customers are treated fairly."The report used data from ten large sub-prime mortgage lenders and was conducted by the George Washington University School of Business and its Financial Services Research Program Click here to read the entire paper.Here is the site for the press release: http://www.namb.org/namb/NewsBot.asp?MODE=VIEW&ID=149&SnID=1807988655

Please call me and I can answer your question in honest detail. As we are both a banker and broker, I can find the right solution or your situation.I will be honest with yu and give you a quote with no strings.Thank you,Rich425-773-3100

Personally, I would that a broker is a better choice. Brokers usually have relationships with several banks and lenders and therefore can offer more choices. Also, if you work with an honest broker, like myself, they will educate you on the entire process, including fees, etc. Example: I charge 1% Broker fee plus $695 processing. I don't care if the 1% is paid by the lender/bank or by the borrower, or it can be split. I don't charge junk fees and I don't cover any third party vendor fees. I am very honest and take very good care of my borrowers. The reality is that referral business is more important than the one time shot.I hope this helps.