fak005 wrote:
Team:

I had been working with 2 lenders on my home mortgage and I am about
to
close in 30days. Here is my dilemma

2 weeks ago LenderA had given me 5.8% rate and Lender B gave me a
rate
of 5.5%.
I went and locked with both of them. However, few days later lenderB
loan officer refuse to answer my emails. As such I started my loan
process with higher rate lender A. I sent them all my W2, bank
statement etc to process the loan and they have also done their
appraisal.

Ironically, I got a call today from a loan officer from lenderB
telling
me that the loan officer I had earlier talked to left the company and
henow had my file and they were more then willing to do the loan at
the
lower interest rate of 5.5% and also knock $500 off for
inconveneince.

I would show "Lender A" the offer of the 5.5 from "B" and ask if they
will match it. If they say no, you can walk.

--
Rich Greenberg Marietta, GA, USA richgr atsign panix.com + 1 770 321 6507
Eastern time. N6LRT I speak for myself & my dogs only. VM'er since CP-67
Canines:Val, Red & Shasta (RIP),Red, husky Owner:Chinook-L
Atlanta Siberian Husky Rescue. www.panix.com/~richgr/ Asst Owner:Sibernet-L