I’m on the market to refinance my home. I already had intentions of letting my current mortgage holder participate (my bank) but I wanted to get some other quotes too to ensure that I was getting a reasonable loan rate (and those closing costs!).
Anyway I signed up with lendingtree.com to get a few more quotes. “They’ll be competing for your business” is the way the jingle goes I think. Anyway, they *did* put me in touch with ONE lender who was very competitive. But I was a little surprised to only get the ONE. I live just North of Atlanta and there is a bank on pretty much any corner that doesn’t have a Starbucks or a church parked on it. So why only the one?
Just thought I’d through that out there.