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AimLoans Homepath

Our broker quoted us 4.8% on a homepath loan. I entered in same figures into AimLoans and received a much lower "quick quote" of 4.0% with comparable closing costs. Am I being ripped, or is AimLoans promising WAY more than they can deliver? Has anyone had success with this?
  • August 14 2012 - Gilbert
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Answers (3)

Best Answer

Their quick quote is not worth anything. Yopu cannot depend on any online quotes you receive. Only once your credit has been pulled, income and assets verified can you get an accurate quote.
  • August 14 2012
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Profile picture for mwax321
Thanks for the responses. Just an update for anyone in my situation: AimLoans cannot promise anywhere near what they deliver unless you have immaculate credit and a high % down, in which case I would ask you: why are you doing homepath?! Hah! Anyway, thank you again for the response.
  • August 14 2012
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How much % down payment are you making?

I doubt if AIM "Quick Quote" can account for HomePath program.   HomePath program has some very steep pricing adjustment, especially on low down payment in the 3-5% range.
  • August 14 2012
  • 1Yes

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