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Old 03-08-2013, 10:46 AM
 
112 posts, read 328,011 times
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i heard rpfunding has no closing costs and trustco has low closing costs but doesnt require any pmi.

has anybody here had a mortgage with either company? both seem too good to be true. are there any gotchas?
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Old 03-08-2013, 12:55 PM
 
Location: Altamonte Springs, FL
2,168 posts, read 5,053,127 times
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I went with Truscto for my mortgage last year. They are not local, but mostly in NY and Florida. I had a good experience. No PMI and 10% down...you can't beat that! Also they don't sell your mortgage off to another bank like almost everyone else.
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Old 03-10-2013, 09:38 PM
 
Location: Orlando
8,276 posts, read 12,857,391 times
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I have several clients that have used RP Funding and were very pleased with them. the example that was mentioned without PMI could be from the equity built into the home vs not charging one with 10% down...the norm is 20% down to skip PMI.
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