Evaluating a Recommended Lending Company - Part Two

Your agent may know the best lender to go to for new home purchases versus buying an existing home.  Some lenders have different levels of experience with each of these circumstances. 

Sometimes, you can even find a builder or broker who offers bundled packages for services including financing.  In the past, bundled services meant Subprime lending.  Not in today’s world – now they’re real competition for traditional banks and financial institutions.

Always clarify the relationship between the person recommending the lender and the lender itself.  And don’t be pressured into using their recommendation – you still want to shop around for the best deal.

Disclaimer:  The information provided in this site is not legal advice, but general information on financial issues commonly encountered. We shall not be liable for any errors in the content or for any actions taken in reliance thereon. Please consult your financial advisor.

Copyright 2003-05. Retirement Planning and The Golden Years

 

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