A Look Behind The Curtain: How To Choose A Mortgage Lender - Forbes
- Neil Caron
- Aug 7, 2013
- 1 min read
Great article on how to choose your lender, here are a few things to take away from the article: 1. Always research your mortgage professional 2. Just because a realtor has an in house lender, it doesn't mean that's your best place to get a loan.In-house reps exist because there is a mutually beneficial financial relationship, the lender has unrestricted access to agents and buyers, and the real estate company is compensated by the lender. 3. Significant interest rate discounts offered by online financing sources are advertisements, like everything else, if it sounds too good to be true, it is. 4. If trust in your lender’s rep is the result of your vetting process, chances are you have chosen well.
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