When meeting with a lender, what are some important questions that should be asked. Other than how much can I borrow?
Good question. You might want to ask their minimum, some will not loan for 50k or less. Also, find out if they have a prepayment penalty, you don't want that. And their associated closing costs. Quicken has a bad rap with investors because it advertises low rates and then has massive closing costs. Most conventional loans take 30-45 days, because of bureaucracy and legislated steps, see if they can move faster if you submit your docs ahead of time and just give them your current pay stubs when you are ready. Good luck!