warnerdavid
New Member
Hello, maybe someone can help me here.
I recently just purchased my first house.(week ago) My realtor sent me to a broker who quickly (within two days) had me sign a loan app, contract and other papers. On the papers the loan amount and figures were all wrong. The house is 40,800 and he had it as 48,000.
While i was signing the papers I noticed one was about if it was going to be my primary residence. I wanted the house to be as an investment propery, but, signed it anyway as he was pushing me through the papers fast. (we did it at a buffalo wild wings)
The next day i called the broker to inform him of my intentions that i wanted to rent the house out in the future, and he tryed to persuade me not to. I informed him thats what i wanted and to figure otu what rate and down payment I needed. He told me he would get back to me, and he never did. I called him yesterday and he informed me of his rates. (25% down and 7.5%)
To make a long story short, I can get a much better rate from a credit union then him, do i have to stick with this broker? Im making alot of mistakes for a first time home buyer. Am i going to face being sued for his brokerage fee? The loan app and all the papers have the wrong amounts and figures on them?
I recently just purchased my first house.(week ago) My realtor sent me to a broker who quickly (within two days) had me sign a loan app, contract and other papers. On the papers the loan amount and figures were all wrong. The house is 40,800 and he had it as 48,000.
While i was signing the papers I noticed one was about if it was going to be my primary residence. I wanted the house to be as an investment propery, but, signed it anyway as he was pushing me through the papers fast. (we did it at a buffalo wild wings)
The next day i called the broker to inform him of my intentions that i wanted to rent the house out in the future, and he tryed to persuade me not to. I informed him thats what i wanted and to figure otu what rate and down payment I needed. He told me he would get back to me, and he never did. I called him yesterday and he informed me of his rates. (25% down and 7.5%)
To make a long story short, I can get a much better rate from a credit union then him, do i have to stick with this broker? Im making alot of mistakes for a first time home buyer. Am i going to face being sued for his brokerage fee? The loan app and all the papers have the wrong amounts and figures on them?