If you are looking for a mortgage lender in University Park, there is a very important question that you have to ask yourself: Local University Park mortgage lender or big bank?
There are several factors that you have to look at when you determine what kind of lender you will use. There are advantages to using a local University Park mortgage lender and there are advantages to using big banks. You need to determine who is going to help you get the job done and who are the sharks. You will have to weigh the options and find out what works best for you and your situation.
Don't always look for the cheapest, because you get what you pay for. Dependability is a big key factor here. Can they and do they get their loans closed on time? How easy is it to get a hold of them on the phone or through email? Do they have an in-house underwriter or is the underwriter in another office, city, or even state?
In my opinion and in my experience, a local University Park mortgage lender will be your best bet if you chose the right one. I have worked several deals with big banks. Many were delayed, some as much as 30 days. Why? Because the lender went on vacation. By the time the lender got back, it was the underwriter's vacation time. You would think a big bank would have coverage for these types of things, but sadly apparently they do not.
I closed a deal in early January. My local University Park mortgage lender closed the deal in under 30 days, including the Christmas and New Years holidays which means they actually closed the deal in about 23 days. Now THAT is service.
When you are buying a University Park home, you need to find someone that can get the deal closed on time. If you are looking for the best mortgage lenders in University Park, look no farther. These folks can get it done and get it right.