Why Your Mortgage Merits a Second Opinion
Advice on the Good Faith Estimate, (GFE) a federally mandated consumer disclosure:
“Only you can shop for the best loan for you. Compare this GFE with other loan offers, so you can find the best loan. Use the shopping chart on page 3 to compare all the offers you receive.”
Perhaps it’ the prospect of having to make a second application or perhaps its fear, regardless, the Consumer Finance Protection Bureau (CFPB) warns “ borrowers who simply take the first loan without much shopping will likely pay more“.
Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183