Michael truly cares about his clients. He works on a referral basis. That means people who know him recommend him regularly.
You'll also find he tends to under-promise. He'll quote you the high end of where rates have been varying. But when it comes time to lock, if he can do better he will.
The estimates are similar because it is a bit like asking a stock broker where a price will be next week. Rates vary throughout the day. Your 9 am quote might not be good at noon. Good lenders give honest conservative estimates.
Again, Helen may be great too. I have no experience with her. I do have experience with Michael and he is the mortgage broker I trust most in that very difficult and frustrating business.
maxleaman.com (512) 617-5636 - 4501 Spicewood Springs Rd, Ste 1025, Austin, TX.
Here's where great mortgage brokers and local/regional portfolio lenders earn their keep. After having established a rapport with a potential buyer, they could match a buyer with various rates/terms that the buyer might not have been able to negotiate on his/her/their own.
Pulse Funding of Texas
Lender specific fees do not include an appraisal, title insurance, escrow closing agent fee, or recording fees.
Lender fees have labels like points, processing fee, underwriting fee, application fee, and are all located in the upper left hand corner of a GFE, in section 800.
Hope this helps.
With all the recent changes implemented via the Dodd Frank & Federal Reserve Board rulings as part of the Wall Street Reform Act that went into place on 4/6/11 for the mortgage industry, you'll see alot more continuity in the way loans are priced across the board.
I'm glad your having a good experience. I don't know either Loan Officer personally, but sounds like your in capable hands.