Shop for a loan

How to Find a Lender

Today, there are many ways to find a lender, from online searches to advertisements. However, it’s highly recommended that you work with a local lender who knows the area, the market, and the unique requirements of nearby properties. Your REALTOR is an excellent resource for this—because we work with lenders every day, we know which ones are reliable, responsive, and proven to get the job done. We’d be happy to connect you with trusted local lenders who have consistently delivered great results, even in more challenging situations.

Choosing the Right Lender

Interview several lenders to evaluate the following:

• Ability to explain things clearly and return your phone calls in a reasonable time period
• Competitiveness of interest rates, costs & fees.
• Availability of loan programs that suit your credit profile and desired property
• Access to local loan approval committee that understands the kind of property you are buying

Choosing the Right Kind of Loan

Today, there are so many types of loans available that it would be impossible to cover them all here. Because every buyer’s situation is unique, it’s best to rely on your lender to explain the options in detail and help you choose the loan program that best fits your needs.