In talking with World Savings, they claim to have invented the Option ARM and claim to have the best program, but in talking with some people who have dealt with them, they said they screwed them up and caused several loans to fall through. Basically that World Savings was very difficult to deal with.
World savings has been pretty good to me…AE is a little annoying, but otherwise they have been good. If you don’t want to go with WS check out IndyMac Bank. They have a nice system.
WorldSavings has always been good to me but their Option Arm is the best, if not, one of the best next to Countrywide, IMO. Look into Downey Savings too, if you’re a LO, they are giving outrageous rebates.
DBassett74… I noticed that you’re in OC, I’m in Newport. Just around your neck of the woods ;D
I used WaMu, Chevy Chase Bank (they have the most unique Option ARM programs), and Greenpoint. Very few situations where I think the program is the best product for the borrower’s goals.