Hi all,
has anyone had dealings with Peach Home Loans?
They offer money back to you for doing business through them.
Considering that I was intending to stay with my current lender, I can have them alter the product, or submit my application, and they pay me $1000 from their commission.Quote from the broker:
“I have checked and if you change the specifications of a loan with xxxx through us, they will pay us additional commission. Accordingly I am happy to pay you a rebate of $1,000 upon us respecifying one of your existing loans with xxxx. If we change the specifications of both of your existing loans by my calculations this would take your total new and respecified lending to above $500,000 and the rebate would be $1,500.”
I was planning to increase my LOC anyway, so this way looks like I can get $1500 back in my pocket!
] LR
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