Important Aspects Of Using A Good Lender
Make your experience with your lender a positive one. Many lenders over promise and under deliver.Some things that could be important for a seamless closing. Ask if the loan officer you are working with has experience. Ask how long the company has been in the business. Ask how long your loan officer has been with the company. Find out if your lender funds their own loans so you are not waiting for the investor to fund at the closing table. Ask if they can meet your closing date. Be sure to ask your lender if they provide several options such as FHA,VA,and Conventional products. Also first time buyers don't be shy to ask about programs that assist you in buying your new home. Another good question to your lender is to find out if they do portfolio products that do not meet standard guidelines. These are a few good questions that Cindy Zemien with Bell Mortgage helped me put together. Interview your lender just the same as your Realtor. Make buying your home a good experience. Avoid the pit falls from the beginning.