Ok ..... I just closed on a home last week with a buyer client of mine. My client used their own bank (which will remain nameless) for their mortgage services and things did not go so smoothly with them. This should have been a slam dunk for a mortgage person. A+ credit, good job, conventional loan, no concessions.
In the end we ended up closing and everyone was Happy, but I sure wish I would have recommended that my buyer talk with my preferred lender, I think it would have been a lot less stressful on my first time buyer, but hindsight is 20/20 as they say.
So in David Letterman fashion here's My Top 10 Reasons to use my Preferred Lender.
#10) It's not always about who has the lowest rates and fees. There's a Lot to be said for good service.
#9) My prefered lenders office is right down the hall from mine.
#8) My preferred lender will actually look at the purchase agreement before the 11th hour
#7) My preferred lender will not sit on your file until 5 days before the proposed closing date
#6) My preferred lender is experienced in conventional, fha, va loans and condominiums.
#5) My preferred lender wants my repeat business!
#4) I have my preferred lenders cell phone #
#3) I can text my preferred lender even after hours and I will get the answers I'm looking for!
#2) My preferred lender has very competitive rates
#1) My preferred lender will not only get you a great rate but will give you great customer service!