Tom Gillis's (tommyg) Blog

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Mortgage and Lending - American Home Mortgage
RECENT BLOG POSTS
I have a client who is lloking to buy a home. He went to an open house and found a property he liked. The RE agent told him he could get a 30 year fixed rateĀ  at 5.5% because he is putting 20% down and is a first time homebuyer. Current rates are around 6.125% on a thirty year fixed. Can anyone e...
01/15/2007
I have had a few situations where my assistant would order a payoff for a customer only to have their current lender call the customer to get them to refinance with them. They know they are interested in refinancing because a payoff was ordered. Is thisĀ  common amongst lenders? It adds more confu...
01/03/2007
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