Online Mortgage Rates
To Post or Not to Post?
Many of our past customers ask us why we no longer
post rates on our web site. The answer is simple....the
mortgage industry has experienced tremendous change
in recent years and every investor has their own set
of adjustments which makes general quoting nearly
impossible. The chances of consumers getting an accurate
quote without a mortgage company really understanding
the details of the transaction are not very good.
For instance, there are large adjustments for loan-to-value,
credit scores, and occupancy types which can be avoided
after a brief conversation (i.e. putting down an additional
5% on an investment property or working to get your
credit score from 735 to 740 are just two examples
of greatly improving the terms of your loan). Yes,
we still post rates with various advertisers but we
follow the publishers' guidelines which are on their
web sites so that our quotes are as accurate as possible.
If you want the best deal, speak with a handful of
reputable companies and then ask for the terms of
your loan in writing before moving forward. Best of
luck with your search for finding the best
current mortgage rates and thank you for considering
AAXA Discount Mortgage.
