Home Buyer, San Ramon, CA
I don't know about Centex, but I just did my financing through Brookfield. The rate was locked about 4 weeks ago, interest only 5/1 arm jumbo at 5.75%. Before I went with them, I got their quote and asked quite a few mortgage brokers, and their quote is not worse than others. The good thing about doing financing with them is they would be more cooperative if things went wrong. In my case, they were willing to give us the key before the escrow was offically closed. So far I haven't found anything wrong with the deal, unless I missed something, the only thing I paid is my prorated mortgage and property tax and nothing else. Oh, and my mortgage doesn't have any "prepayment penalty".