If you’re shopping for a mortgage or a refi on your home, you’re probably aware that the large national mortgage companies with names like “quick” or the one whose name rhymes with “pocket” are one and the same company.

We want to caution borrowers to not be so quick in making a decision to use one of these lenders. What we see is that both of these lenders charge borrowers with much high interest rates or exurbanite fees in order to get a lower rate.

We know this because borrowers do take our advice and shop for the best mortgage rate; when they compare our offer to either the “Quick” or the “Pocket” rates, they find that both have either a much higher interest rate or are thousands of dollars higher in lender fees.

But when the borrowers tell the “Quick” or the “Pocket” company that they found a better deal with us, these lenders tell the borrower to send them our offer and they will match it. The borrower should ask themself this question… if they hadn’t shopped the mortgage around, would they have gone to closing with the higher rate or higher closing costs?  Of course, they would have.

Again, don’t be so quick in taking an offer from either of these lenders, they do not have your best interest in mind. At Indigo Mortgage, we have decades of experience in serving homeowners with mortgages that fit your need.