Locked in this morning. How do I know if Zillow lender is for real?

[lostinlala2]

We are ecstatic. Signed contract. Preapproved. Last minute rate shopping revealed we qualified for USDA. Our original LO from Wells Fargo said he couldn't come close. Locked in with lender found on Zillow at 5% for 1.125 origination points (no discount points) this morning. Even though I suspected we qualified, he is the only lender that has actually offered it to us. He seems knowledgeable and amicable. Some of his fees seem a little high (processing $495, underwriting $650, appraisal $450), but his rate for points seems good.

Now my husband asks, "How do we know this guy is for real?"

I don't think there is any issue, but I don't want to be wreckless. When I google his name I only get Zillow stuff. When I google Community First Bank in Canton Georgia I don't get much either. Anyone heard of them?

Does this deal sound good?

[BungalowMo]

If he/the bank is out of GA...check for them on BBB.  I wouldn't give him any $$ unless I had more than his word.  Are YOU in Georgia???

 What do your scores look like?  That will tell you if that 5% is a real deal.

Message Edited by BungalowMo on 07-08-2009 12:54 PM

[lostinlala2]

Our mid score is 650. No we are not in Georgia. I will check BBB. We haven't given him any money (nor has he asked yet). He is supposed to email all of the paperwork today.

He has good ratings/ reviews on Zillow if that means anything.