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RPM MORTGAGE CLOSING COSTS = MORE THAN JUST MONEY
In a recent report from Bankrate.com's annual mortgage survey, California was listed as on the top five most expensive states for closing costs. On average, the closing costs were up almost thirty-seven percent from just one year ago.
RPM's origination fees rank in in the middle range of the industry averages for California, but the quality of service that is given in comparison to the bigger banks is much better and longer lasting.
"I tell my clients that you get what you pay for in all facets of life, and the mortgage industry is no different. The big banks have lower fees but their service levels are far inferior to ours," said Sue Carlson, one of RPM's top loan agents.
RPM takes pride in the service that is provided to borrowers throughout the duration of their loan and believes that a slightly higher origination fee is a small price to pay for better piece of mind as a borrower makes the biggest purchase of their life.
RPM agents are knowledgeable individuals who truly care about their clients and are able to direct them to the best option suited for their financial position based on a wide selection of options available through RPM's internal mortgage bank. RPM agents can also thoroughly inform borrowers about the loan process and status of their loan due to the closely-knit staff and total control that RPM has within its banking operations.
Another benefit to borrowers is that RPM agents are available at any time of the day, including nights and weekends, unlike big banks whose agents are only available during normal banking hours.
"I tell my clients honestly that if they price around with big banks that the origination fees are going to be less." said Carlson. "But if you want to work with quality people who really know what they're doing and care about what happens to you and your loan, to stick with RPM."
RPM Mortgage, Inc. is based in Walnut Creek and is a private family-owned mortgage bank and broker whose roots in the Bay Area stem back to 1986. RPM has 37 branches in California, Nevada, Texas and Colorado and over 400 loan agents and employees. RPM's loan agents are specially trained to offer FHA, VA and CalSTRS loan programs to their customers. They work with borrowers, CPA's, financial planners, attorneys and financial consultants to provide homebuyers with the best financial solutions in the market today.
