Profile picture for Ted Rood

Ted Rood Reviews

Ted Rood
Senior Mortgage Planner (14 years experience)

Specialties:

Purchase Loan, Refinancing, Home Equity, Mortgage Planning

 
- Highly likely to recommend
08/15/2014 - user2499698
Closed purchase loan. Murray, KY
Ted was referred to me by another lender, and he did a fantastic job! The loan wasn't easy, but Ted was on top of things the entire time. He was reassuring when I was worried, and pulled it all together with time to spare. I highly recommend him!
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- Highly likely to recommend
07/07/2014 - user0595747
Closed purchase loan. Columbia, MD
Ted is a great loan officer who jumped thru hoops to get my close of escrow down to 28 days which is near impossible! Ted can do multi-state loans so you can use him if you move to another state which is great. Thanks so much to Ted and the team behind him who did an amazing job and went above and beyond.
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- Highly likely to recommend
06/29/2014 - amitab
Closed refinance loan. North Potomac, MD
I readily admit to being a "high maintenance" customer when it comes to financial decisions, needing to ask questions and staying actively involved. With this in mind, I was careful to find a mortgage planner who would be (i) very knowledgeable and (ii) patient. Ted is a regular contributor to MortgageNewsDaily, a premier site for daily market analysis as it relates to mortgage rates, and through my review of the site over several weeks I found Ted to have a knack for reading the market quite well and, what's more, being able to explain his insights in an easy-to-understand way. Noticing this, I asked Ted to help me with my refinance and I am sure glad I did. From beginning to end, Ted was communicative and helpful and made sure to accommodate my inquisitive nature by providing me with technical analysis and all the detail I asked for, all in a way that never felt condescending or rushed, despite the need for certain concepts to be repeated. Though he has a very busy schedule - due in no small part to his obvious expertise - I felt like I was his only customer. And this is despite him being several states away (as a mortgage "correspondent", essentially higher up on the mortgage lending chain than an average loan officer, Ted is able to write mortgages anywhere in the United States).

As an example of the direct benefit of Ted's mortgage, Ted early on suggested that I get all of my paperwork to him as soon as I could so that I'd be able to pounce when the right opportunity came along, especially since he had sensed the market was trending downward based on political instability abroad and its anticipated effects on the domestic bond market (which directly correlates to mortgage rates). And exactly as he predicted, the market soon dipped - to its lowest point this year - and because of our preparation, I was able to confidently lock with a relatively short lock period, knowing that much of the heavy-lifting document-wise had already been done - that alone saved my hundreds of dollars. I'm certain that if I had gone with someone less organized and less-informed I would have missed that sliver of an opportunity - the significant dip lasted only one day! - and would still be praying for the rates to come down again. As cliched as it may sound, if you are looking for a smart, personable, honest and capable mortgage planner, Ted is your man.
Response from

 

- Highly likely to recommend
05/27/2014 - zuser20140413120154561
Closed purchase loan.
Mr. Rood was great getting us approved for our home loan and making our process of buying a home quick and painless, from start to the closing date was three weeks. The communication from Ted Rood was excellent, when ever I emailed him I would get a response within minutes. Our real estate agent also commented to me how Ted was always on top of things and responded quickly. I won't hesitate in the future to recommend Ted to friends and family looking to purchase a home.
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- Highly likely to recommend
05/27/2014 - addemj
Closed purchase loan. Arnold, MO
Ted was great to work with. He knows his stuff, and helped me the whole way through the process. From getting my credit to where it needed to be, to being available at any time of day to answer my (many) questions. He was always prompt with his replies, and always had an answer for me. I have already recommended him to a friend and will continue to do so!
Profile picture for Ted Rood
Response from Ted on 05/28/2014
Thanks so much for the testimonial. Glad we were able to make your dream of homeownership come true!

 

- Highly likely to recommend
11/22/2013 - timothyrood
Closed refinance loan. Piedmont, CA
We didn't think our refi was all that complicated, but between my spouse and I both being business owners, having a share in a vacation property abroad, and needing a jumbo mortgage in the post-meltdown era of stricter underwriting guidelines, it turned out we were just too much for some lenders. Ted helped us find a great rate on a 7/1 ARM, dealt swiftly with the documentation issues, and went the extra mile to help us close on time, only 5 weeks after we first called him. He was friendly, helpful, knowledgeable, and very responsive, as was everyone on his team. I could not recommend Ted more highly.
Response from

 

- Highly likely to recommend
09/03/2013 - user80303499
Closed purchase loan.
Ted was very helpful throughout the entire process, communicating with us frequently and pushing appraisers and inspectors to help meet our commitment dates. We are very happy to recommend him!
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- Highly likely to recommend
08/16/2013 - user0639849
Closed purchase loan.
Our whole experience with Ted was great. He answered all of my questions with knowledge and honesty and completed everything in a very timely manner. I would highly recommend him to anyone in need of a dedicated loan specialist.
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- Highly likely to recommend
08/16/2013 - dan22205
Closed refinance loan.
Ted helped us with refinancing our primary residence and an investment property, taking advantage of the record low rates available in early 2013. There were multiple transactions, he's in the Mid-West and I'm on the East Coast, I disputed the appraisal - nothing threw him. He and his team worked really well with my title company here locally with no problem whatsoever. Communication was constant with us during the process even adapting to my e-mail or phone communication preference based on my schedule. He managed to extend our rate lock for a few days, even though rates had risen by 3/8 of a point from our lock. As with any re-fi, it should be that the quicker you are with providing information, the quicker you'll close. Definately the case here. No hesitation with this recommendation - if you're dong a re-fi or a new mortgage, just use him for it.
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Professional Information
Ted Rood
Address:
Wintrust Mortgage
3 City Place Dr, Suite 880
St Louis, MO  63141
Phone:
(314) 275-1424Click to view
 
Email
Websites:
Website
 
, LinkedIn
 
Advice posts:
42
Screen name:
Ted Rood
Member since:
08/16/2013
NMLS #:
  • 543290