This is a question that 99% of borrowers get stuck on - unnecessarily.
You should NOT be looking for a lender. Your goal is to find a smart, knowledgeable, trained, experienced, available Mortgage Consultant. That's the person who will be holding your hand, coaching you, advising you, getting your documents together, etc. It is that person who will be sure your loan gets to closing in time and be certain you are prepared and informed all along the way.
After all, you are not going to do any "day to day" business with Mr. Wells Fargo or Ms. Bank of America.
By looking for a lender, you could be placed with a mortgage person who just isn't ready to handle your transaction, can't properly counsel and educate you and could cause your closing to be delayed.
How do you find a good Mortgage Consultant?. Ask for a referral from a trusted friend, family member or co-worker. If that fails, do a Google search for "Mortgage Consultant + your city." Countless Mortgage Consultants have their own web sites and blogs and can be found on Google. Read all about a few of them and go from there. Once you find an expert, he/she will get you the right mortgage for you and your situation.
Finance and Mortgage Consultant since 1978
· 10 years ago