I've tried mentioning competitor rates before, but honestly, lenders usually seem pretty set in their ways from what I've experienced. Maybe it's less about competitor specifics and more about how eager they are to close the deal at that particular moment? Timing might have more influence than we think. I once got a slight fee reduction just because it was end of quarter and they needed to hit some numbers... coincidence or strategy? Hard to say.
Good point about timing. I've noticed similar patterns:
- End-of-month or quarter definitely seems strategic rather than coincidental.
- Wonder if loan officers have monthly quotas influencing flexibility?
- Anyone tried negotiating mid-month vs. end-month and seen different outcomes? Curious if there's a noticeable pattern there...
