clifp
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Oct 27, 2006
- Messages
- 7,733
I think the Fed getting serious about raising interest rates. So I've decided that its time I convert my HELCO and Pledged asset variable loans which are currently at ~3.75% to a 15 year fixed.
After doing a lot of searching I've narrowed it down to three companies.
Penfed
Quicken/Schwab (Quicken gives Schwab customers with more than $1 million in assets .25% off their loans)
and
Amerisave mortgage.
I've settled on a 3% 15 year fixed mortgage so the only issue is points+closing costs.
I've had a lot of experience with both Penfed and Schwab/Quicken and especially with Schwab I know it will be a straight forward process.
But Amerisave quoted me a loan that is almost $7,000 less in closing cost than Quicken and $9,000 less than Penfed, which is real money.
Amerisave has rather checkered past both on this forum, and else where and got hit up with a $21 Million fine from the CFPB for deceptive practices.
Has anybody had recent experience with Amerisave (last 5 years or so)?
After doing a lot of searching I've narrowed it down to three companies.
Penfed
Quicken/Schwab (Quicken gives Schwab customers with more than $1 million in assets .25% off their loans)
and
Amerisave mortgage.
I've settled on a 3% 15 year fixed mortgage so the only issue is points+closing costs.
I've had a lot of experience with both Penfed and Schwab/Quicken and especially with Schwab I know it will be a straight forward process.
But Amerisave quoted me a loan that is almost $7,000 less in closing cost than Quicken and $9,000 less than Penfed, which is real money.
Amerisave has rather checkered past both on this forum, and else where and got hit up with a $21 Million fine from the CFPB for deceptive practices.
Has anybody had recent experience with Amerisave (last 5 years or so)?