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Old 10-21-2013, 11:16 AM
 
783 posts, read 1,423,837 times
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Hello,
Anyone have any experience with getting a mortgage from Capital One? They advertise that their "closing costs are 41% lower than Bankrate's national average". Wondering how accurate that statement is. Thank you.
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Old 10-21-2013, 11:22 AM
 
2,771 posts, read 4,532,295 times
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Quote:
Originally Posted by TMing View Post
Hello,
Anyone have any experience with getting a mortgage from Capital One? They advertise that their "closing costs are 41% lower than Bankrate's national average". Wondering how accurate that statement is. Thank you.
Some advertise ZERO closing fees. But what's your rate?

It's all about the rate, closing costs, points, fees, origination fees.
All the terms above are just fancy words for various fees. All of the above needs to be taken into consideration.
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Old 10-22-2013, 07:48 PM
 
251 posts, read 588,948 times
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credit unions all the way !!!!!!!!!!!
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Old 10-23-2013, 07:40 AM
 
783 posts, read 1,423,837 times
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Originally Posted by noupf View Post
credit unions all the way !!!!!!!!!!!
Yea? what are the pros?
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Old 10-23-2013, 08:05 AM
 
245 posts, read 495,716 times
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Originally Posted by noupf View Post
credit unions all the way !!!!!!!!!!!
Are they national or only local? Wanting to buy second home in a few years out of state so I was just wondering.
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Old 10-23-2013, 11:11 AM
 
2,771 posts, read 4,532,295 times
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Originally Posted by TMing View Post
Yea? what are the pros?
CU are for the "people" NOT the stock holder.
Which means better rates, less fees.
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Old 10-23-2013, 11:15 AM
 
8,631 posts, read 9,139,445 times
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Originally Posted by Spanky25 View Post
CU are for the "people" NOT the stock holder.
Which means better rates, less fees.
Above all better customer service.
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Old 10-25-2013, 10:17 AM
 
157 posts, read 285,211 times
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Quote:
Originally Posted by TMing View Post
Hello,
Anyone have any experience with getting a mortgage from Capital One? They advertise that their "closing costs are 41% lower than Bankrate's national average". Wondering how accurate that statement is. Thank you.
It's BS marketing. I became a Capital One customer after the ING transition. Called them about their 30 yr fixed mortgage and the rate was 4.56% and estimated closing costs of $15k. My wife found Bethpage Federal Credit Union. Got locked at 4.125% with closing costs of $13k.
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Old 10-25-2013, 10:47 AM
 
1,085 posts, read 1,500,810 times
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Originally Posted by noupf View Post
credit unions all the way !!!!!!!!!!!
Amen! Big banks caused the collapse and stole 17 trillion from taxpayers! DONT GIVE EM A DIME!
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Old 11-04-2013, 11:06 AM
 
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Are there any credit unions that offer mortgages for investment properties? Bethpage CU doesn't do investment mortgages. Thanks.
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