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Bait & Switch
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Went on site and got offer for zero points, zero closing costs and 3.25% rate on mortgage from a lender called Home Point Financial. Called Home Point to follow up and got Dennis Moore who asked a bunch of questions (my credit is over 825, we have no other debt, the loan to value ratio is under 50%, all great answers) and then quoted me 3.5% if I paid a bunch of fees. When I pressed him, he hung up. This is a bizarre con game to hook me on low rate before selling me a higher one... I'm guessing they're looking for an excuse like bad credit, bad debt, etc.... but in my case they had none so they looked bad.
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