Choosing a mortgage lender is a very important part of your home buying experience in Northern Virginia. Your choice of lender can either make the home buying process less stressful for you, or a lot more stressful.
Choosing a Mortgage Lender in Northern Virginia – What Should You Look For?
Ultimately, the most important things to think about when selecting a lender are what kinds of interest rate they can give you, what fees they’ll charge, how competent they are in meeting their deadlines in your home purchase contract, and how comfortable you are with them. This is definitely not an occasion to simply pick the bank you have a long personal banking relationship with, or the bank who financed your car loan or handles your credit card accounts. Home loans are a completely different process – a lot more is at stake, and you should keep this in mind when choosing a mortgage lender.
Regardless of whom you select as your lender, your real estate agent should hold them accountable regarding the financing deadlines in your home purchase contract, and some lenders are a lot better at keeping their deadlines than others!
Read Part 2 in my blog series on choosing a mortgage lender in Northern Virginia. I’ll get into the specific reasons why going with a smaller local lender is often a better choice.
Email me at DarrenRobertsonHomes@gmail.com for a free list of the top 10 homes you can buy for zero money down in the Northern Virginia community of your choice!