Choose Your Lender Wisely

Remember that cheaper does not always mean better. If a mortgage product seems too good to be true, than it just may be. There are literally thousands of mortgage lenders throughout the United States, and the mortgage industry is very competitive. So when you begin to shop around, proceed with caution. The refinance boom of the late 1990's attracted a lot of people into the mortgage industry. It is for this reason, that many of the loan officers you may be dealing with are lacking in experience. This inexperience may cause them to offer you a product that they will be unable to follow through with. When I was originating loans, I dealt with many a customer who told me their horror story of going to closing, and finding that their dream of buying a new home had turned View the rest of this article