HarryGuruman Reviews WrittenHarryGuruman
Ratings & Reviews
Gave me a quote on Zillow, but it did not work out. Serra, Sunnyvale, CA 94087
Response from Shawn on 09/10/2010
Mortgage rates can experience repricing on any given day due to the volatility of the mortgage backed securities environment. This directly affects the origination fee. Lenders can reprice at any given time of the day depending on the bond market activity. Since a lower interest rate was chosen an origination fee is charged to attain that rate. All correspondence was returned in a prompt manner based on your instructions of communicating by email only. In the Zillow quote inquiry a request for a pre-approval letter to give to your Realtor can't be issued out unless we have a complete loan application and other related documentation. Also, I answered all of your questions about the Initial Fees Worksheet which was issued out that outlines all of the closing costs involved in the transaction. Since a property address was not given a Good Faith Estimate can't be issued out per RESPA guidelines.