Friday, August 12, 2011

Rate Comparison vs. Wells Fargo and Bank of America

Professional Mortgage Source LLC - 4.125% with 0 Origination and Closing Costs of $0
Wells Fargo - 4.125%  with 1% Origination and Closing Costs of $2,000.00
Bank of America - 4.25% with .75% Origination and Closing Costs of $1100

Assumptions: Value=$400K Loan Amount=$300K Fico=740

Why spend the extra thousands of dollars in points and closing costs when we can do your loan and it will end up with Wells or B of A anyway and can close in less than 30 days.

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