As a heavy investor in real estate, people often ask me where I get my mortgages.  I think the most important factor here is to not simply go for the cut throat rate.  If you can’t afford your property without a cut-throat rate, you probably can’t afford it period.  As a real estate investor, I have found that working with a trustworthy company, with no to low fees is the way to go.  Now, this is not a paid post or anything and I am not even going to create a link, but I encourage every real estate buyer to consider a mortgage application with Bank of America.  Currently, at Bank of America you can apply for no fee mortgage.  What exactly does this mean?  No closing fees, no application fees, no private mortgage insurance.  But that is not it.  If you chose not to go with BOA, they will cut you a check for $250.  For those of you worried about applying with too many banks because of bringing down your credit, WAKE UP.  Fico is no longer penalizing your credit score for multiple credit checks within a short period of time.  Take a look at BOA and see what they have to offer.

For those who have asked, I am still out of the market, but am beginning to dabble looking at some foreclosures and other investment properties.