Time & Location

Time & Date:
Every Tuesday from 7am until 8:31am

Location:
Boy Scouts of America Building
1 Scouting Way, Exton, PA 19341
Click here for the map

LeTip Chester County East met on Tuesday, June 9, 2015. We were joined by guests who represented a cleaning company.

Our showboater was our property and casualty insurance agent, Dave Kozak (This email address is being protected from spambots. You need JavaScript enabled to view it.). He reminded us of how important it is to know what our coverage is and to review it periodically to make sure that it continues to be adequate.

Our speaker was our mortgage broker, Lonnie Cooper from The Rate Kings Mortgage (www.theratekings.com). Lonnie explained to us that, as a mortgage broker, he can shop for mortgages from a number of different companies. This means more options for him and his clients. If a particular lender doesn't want to lend to a client in a particular buying situation, Lonnie is not tied in to that lender and can look for another one. Lonnie can also lower the rates that a lender offers. For example, if Big Lender is offering a rate of 4%, Lonnie can write a mortgage with Big Lender but give his client a rate of 3.875%, which still earns him a healthy commission. Lonnie is also willing to float down a rate for his clients. If his client locks in at a particular rate but it then goes down 0.25%, Lonnie can float the rate down 0.125% for his client at no charge. It makes sense to let Lonnie take a look at the rates he can get for a home buyer's mortgage or a refinance.

Random Member!

Lonnie Cooper - Mortgages

Lonnie Cooper - Mortgages
V.P. Sales
The Rate Kings Mortgage, LLC

LeTip Member Since July 2013
1101 Carroll Hill Dr, West Chester, Pa 19382
610-572-3635 Voice
610-590-4825 Mobile
800-892-1798 Fax
www.theratekings.com    
Send Lonnie an Email
NMLS #24432
Mortgages Exton PAMortgages in PennsylvaniaRate Kings Home Mortgages

As a Mortgage Broker with The Rate Kings LLC, I can offer you a wide range of mortgage products, from helping you purchase your 1st home, refinance it years later or even purchase an investment property.   With access to a broad medley of fixed and adjustable loans I can help you make an educated choice based on your individual profile.

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Letip Creed

"LeTip is a professional organization of men and women dedicated to the highest standards of competence and service. Our purpose is the exchange of business Tips. Members will, at all times, maintain the highest professional integrity. Each business category is represented by one member and conflicts of interest are disallowed."