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 Re: I would go with a broker
Posted by Victoria/FL on 5/11/05 8:29pm

How dare you! Smiley Just kidding.

Good point, however in my experience the only loans I have seen from brokers are way above average interest rates. Typically 2-4% higher - that's a huge difference. I've been seeing 2 yr LIBOR ARMS at 7.5% - that's crazy! Of course who knows what the borrower's credit score was like. Most brokers that I know deal in B&C paper and banks have a plethora of programs now. I come from a 13 year banking background, so of course I'm going to root for the banks!

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