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News: Talk online about your experiences as an adjunct, visiting assistant professor, postdoc, or other contract faculty member.
 
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Author Topic: Online mortgage company - yea/nay?  (Read 1500 times)
newasstprof
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« on: August 09, 2008, 03:32:26 AM »
I've been thinking about online mortgage companies for a new home purchase (we're first time homebuyers). Is this a good idea (low interest rates and low closing costs) or a very bad idea? Has anyone used online mortgage companies? What has your experience been?
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cranefly
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« Reply #1 on: August 09, 2008, 08:18:07 AM »
I haven't, and not sure I would. Needless to say, do a lot of background research on the company. One thing you DEFINITELY want to do is make sure they have a "local" (USA if you live there) address that is posted on their website. You don't want to have them go bust and find out they're in a country that makes it impossible to go after them.
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Quote from: larryc on May 20, 2012, 07:53:27 PM
Oh yeah--Professor Sparkle Pony. "Follow your dreams, young genius, and you will meet with success!" Students eat that up.
prytania3
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Prytania, the Foracle
« Reply #2 on: August 09, 2008, 08:52:46 AM »
I have used an online mortgage company. It was fine.
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Clowns, I tell you. Clowns.
newasstprof
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« Reply #3 on: August 09, 2008, 01:13:00 PM »
May I ask who you used, prytania3?
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prytania3
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Prytania, the Foracle
« Reply #4 on: August 09, 2008, 06:41:15 PM »
Quote from: newasstprof on August 09, 2008, 01:13:00 PM
May I ask who you used, prytania3?

It was part of the Quicken group.
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Clowns, I tell you. Clowns.
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