From: richgr@panix.com (Rich Greenberg)
Newsgroups: misc.consumers.house
Subject: Re: LOAN QUESTION PLEASE HELP
Date: 31 Mar 2005 11:31:24 -0500

>fak005 wrote:
>> Team:
>>
>> I had been working with 2 lenders on my home mortgage and I am about
>to
>> close in 30days.  Here is my dilemma
>>
>> 2 weeks ago LenderA had given me 5.8% rate and Lender B gave me a
>rate
>> of 5.5%.
>> I went and locked with both of them.  However, few days later lenderB
>> loan officer refuse to answer my emails.  As such I started my loan
>> process with higher rate lender A.  I sent them all my W2, bank
>> statement etc to process the loan and they have also done their
>> appraisal.
>>
>> Ironically, I got a call today from a loan officer from lenderB
>telling
>> me that the loan officer I had earlier talked to left the company and
>> henow had my file and they were more then willing to do the loan at
>the
>> lower interest rate of 5.5% and also knock $500 off for
>inconveneince.

I would show "Lender A" the offer of the 5.5 from "B" and ask if they
will match it.  If they say no, you can walk.

-- 
Rich Greenberg Marietta, GA, USA richgr atsign panix.com    + 1 770 321 6507
Eastern time.  N6LRT  I speak for myself & my dogs only.   VM'er since CP-67
Canines:Val, Red & Shasta (RIP),Red, husky                   Owner:Chinook-L
Atlanta Siberian Husky Rescue. www.panix.com/~richgr/  Asst Owner:Sibernet-L