Roger Harrington
NMLS ID 344484
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Mortgage Companies in Minneapolis |
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My New Employer is Lake Area Mortgage - NMLS ID 645618 - I Am At The Same Phone Number, Address & Email.
My Conventional, Thirty Year Fixed Close Of Business Rate,
A BEST QUALIFIED buyer at this rate would have paid 1% or less in Net Origination Fee, (Origination Minus Lender Credit), plus the usual Lender, Title, Government and Prepaid Costs, for this rate with 35 days to close, and no escrows at this day's close of business.
Are You A "BEST QUALIFIED" Borrower?
Call Roger: 651-426-7374
Current Cost Changes -
Most costs for a specific borrower's specific loan stay the same from day to day. Only the Origination Fee, Discount Points and Lender Credits and the interest costs and escrows based on the day of the close change frequently. I post my cost changes for Best Qualified Borrower's loans at 9:00 AM, Noon and 3:00 PM, (based on changes from the previous business day's close). MY COST CHANGES ARE AN INDICATION OF THE DIRECTION AND STRENGTH OF THE MARKET CHANGES. YOUR COSTS WILL RARELY BEHAVE EXACTLY IN THE SAME WAY.
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If "Better or +" the Closing Cost has decreased
If "Worse or -" the Closing Cost has increased
Get Your Financing Questions Answered Now:
Call: 651-426-7374 Fax: 651-846-4295
or Email: rogerharrington@comcast.net
You May Recognize My Name
I was: a regular contributor to Star Tribune' and Pioneer Press' home financing articles; quoted in the Wall Street Journal, Business Week and the Minnesota Attorney General's Refinancing Handbook; and a regular guest on Bob Potter's Sound Money on Minnesota Public Radio. I was the Nation's first fee-only mortgage consultant - an absolutely unique vocation that made me very popular with the media throughout the late 80's, 90's and early 2000's.
During the refi booms of this period my phone never stopped ringing - allowing me to help thousands of Minnesotans secure their most appropriate, lowest cost home financing. But during more normal times business was slow for me.
After twenty years of boom and bust I gave up on my dream in 2004 and became a traditional loan officer. Giving up was difficult - but it's worked out well for me, and extremely well for the customers who now benefit, without paying a fee, from my experience and consumer friendly fees and outlook.
Can You Imagine How Many Financing Tragedies Could Have Been Avoided With A Knowledgeable, Empathetic Salesperson's Help?
That Salesperson Would Have:
- Never sold "Negative Amortizing" (equity eating), loans
- Never used "No Qualifying" loans for the marginally qualified
- Cautioned against low rate refinancing with lengthy cost recoveries
- Discouraged "ARM" & "Interest Only" loans by making their downsides clear
- Cautioned against purchases dependent on the new home's rapid appreciation
