Is it important to get a mortgage so the bank you get it from retains servicing.?

Should I get the lower rate for ';servicing released';?Is it important to get a mortgage so the bank you get it from retains servicing.?
It is not that important and the chances of your loan's servicing getting sold at some point in the life of the loan is almost a certainty.





Ah, I remember the 90's...





Why did Wells Fargo sell my loan? Why did Home Savings sell my loan? Why did Countrywide sell my loan?





Most people thought those companies would never sell their servicing off!Is it important to get a mortgage so the bank you get it from retains servicing.?
There isn't any guarantee from major banks to retain the servicing rights if that's the major factor.
when you apply for a mortgage the lender will provide a servicing transfer disclosure that will tell you if they service loans and detail the percentage a loans they have sold or serviced over the past 3 years

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