Submitted by Illustrious-Nose3100 t3_11dm8ct in massachusetts
We are in the very early stages of maybe buying a house and we are looking at our options for mortgages. This place was recommended by our realtor. Anyone have experience with them?? We are also thinking about using USAA or Needham bank if it matters.
use a mortgage broker you'll get your best deal.
Yes we did. It was a pleasant experience.
Yes. Recommend!
1000% would recommend over and over again. Craig was excellent. We were first time home buyers and he was so kind, knowledgeable and responsive.
We did when we bought our house they held our mortgage for a few weeks and sold it to another company who held it for a few years and they sold it again.
I would recommend Marc Walz at Bay Coast.
RE paralegal here weighing in. (1). Fairway is one of the better mortgage brokers BUT (2). Use a local bank. You'll do better and have a lot less fees.
Ditto. This happened with two mortgages, and 1 refi.
That’s what I was afraid of - the fees. I asked them in an email and they side stepped the question.. sigh
My personal experience, Fairway beat both my work’s credit union and my local savings bank. This was for a condo though, which does have higher rates and more red tape than a single family home.
Always shop around, but in my case Fairway was best.
When I was mortgage shopping our realtor encouraged us to use Fairway too.. I applied with Fairway, our local credit union, a small local bank and a medium sized local bank. Fairway had the highest closing costs of the four. We ended up going with the medium sized bank and don't have any regrets. Even refinanced with them a couple years later. You can shop around and get loan estimates from multiple lenders before you sign paperwork.
Just shop around. If you’re doing a VA loan though there’s not much shopping to do, they have very little leeway in the rates.
Our broker at fairway was really good and very quick to respond. She turned documents around quickly and helped us get our house in a crazy market. The rates were competitive but the service was excellent
Cheaper then online only places? Like better or amerisave?
Again, only my experience, but yes. Local banks and credit unions the absolute best. Less fees, less aggravation.
I used them. Process went smooth no complaints
Initially used Amerisave then after a few offers gone south due to poor customer service, we switched to Fairway and got an offer accepted immediately (our 16th offer…this was in the crazy market time of last year and we had a VA loan). We found Fairway to be fantastic and I can PM you the name of the person we used if you’d like.
I should also add we tried USAA and their rates were high at the time.
Yeah, I looked a few websites that posted their rates and USAA seemed slightly higher
That’s pretty common, regardless of which mortgage company you choose.
BobSacamano97 t1_ja9i605 wrote
I used a local Fairway loan officer for our most recent home purchase. Was very happy with them.