Interest rates change daily, and sometimes even two or three times in a single day! Until your interest rate is locked, you have nothing. Some unscrupulous mortgage salespeople take advantage of this situation and lure you in with what we call "bait-and-switch" tactics. They promise unrealistically low interest rates to get your signature on a loan application. They typically discourage you from locking the rate that day (because they know they cannot deliver on their bogus rate quote) so they can put it off To a later date when they claim, "rates have gone up." Another trick is to sneak in extra fees at closing that were not disclosed up front in order to pay for the lower interest rate.
Remember, "if it sounds too good to be true, it probably is."
At BestMortgage.comsm, we don't play those kinds of games. You can lock the interest rates we quote you at any time during normal business hours. And we encourage you to shop around and compare our rates to your local bank and other legitimate mortgage lenders.
Do we claim to have "the lowest mortgage rates available?" Of course not. It is always possible that somebody, somewhere may have a slightly lower rate. But we promise that our mortgage rates are as good as, or better than, most of the other mortgage lenders on the Internet or in your local neighborhood.
And even more important, we guarantee NO HIDDEN FEES at closing!
More than 80% of our business comes from repeat customers and referrals. Borrowers come to BestMortgage.comsm because they know they will get honest answers, great rates and quality customer service. We don't try to be everything to everyone. If you want to get a cut-rate mortgage, expect to get cut-rate service ... then cross your fingers! Somehow, those "discount" mortgage brokers often have trouble closing, or you end up paying more at the closing table than you were promised up front
At BestMortgage.comsm, you will get the BEST MORTGAGE that meets your needs, with no tricks or sales gimmicks.