You may not realize it but not only are you probably receiving poor service from your big bag of...I mean Big Bank, but you are also hurting small business (Big Bank Article). Smaller direct lenders and mortgage brokers can typically offer more attractice programs and pricing along with providing better overall service.
It sound strange to think a small company that may actually sell your loan to a big bank could offer terms better than that same big bank. But it's true. Smaller lenders and brokers have found ways to cut costs and create better operating efficiencies than their bigger counter-parts and in many cases pass those savings onto the consumer.
So next time you thing about a refinance - give the little guy a try!
Also, If you are interested in FICO scores... and how the hell they became so damn important - read this post.
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