Articles

Many times during the home buying process, buyers will not have a lender or a pre approval.  They may ask  assisstance in selecting one.

Best practice in this case, if buyers ask, is to refer them to at least 2 lenders.  They can also be referred to their current bank, mortage holder if they already have a home, their credit union or their realtor.  Realtors work with many lenders and get a feel for those lenders that are comitted to providing good, honest service.

Here are some things to judge the lender by.  They should offer personal communication regularly.  They should be organized, and have staff available when they are not.  

The entire transaction should be a good experience, smooth from start to finish, without last minute surprises.

They should offer competitive rates that allow their customers to see that they are in the right spot with their business.

A good lender can bring a transaction to a quick happy conclusion.