Being offerd a 30 year fixed rate of 3.5% with $1000 credit toward escrow/title fees and no loan origination charges( loan ~480k)...my credit score is in the 800 vicinity ...considerations are,
1. Since Wells Fargo is builders preferred lender.. I am assuming the closing will be a little smother\on time and I will end up saving a lot of hassle for myself.
2. Estimates from outside lenders appear to be in the same ballpark .. The interest rate offered is pretty much the same (or 3.5%).. The lender credit is either on par or a couple of hundred more.
3. Heard pretty bad reviews for amerisave and provident.. So hesitant of going with them even with higher lender credits.
Thoughts / suggestions are welcome .
1. Since Wells Fargo is builders preferred lender.. I am assuming the closing will be a little smother\on time and I will end up saving a lot of hassle for myself.
2. Estimates from outside lenders appear to be in the same ballpark .. The interest rate offered is pretty much the same (or 3.5%).. The lender credit is either on par or a couple of hundred more.
3. Heard pretty bad reviews for amerisave and provident.. So hesitant of going with them even with higher lender credits.
Thoughts / suggestions are welcome .