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Updated about 4 years ago on . Most recent reply

User Stats

106
Posts
77
Votes
Garrett Crosby
  • Real Estate Agent
  • Los Angeles, United States
77
Votes |
106
Posts

How to figure out which lender to use

Garrett Crosby
  • Real Estate Agent
  • Los Angeles, United States
Posted

Hi Everyone!

Every day I've been taking steps in purchasing my first property for my portfolio. I've interviewed a few agents and feel like I've landed on a team that I'm comfortable and excited to move forward with. The time has come to get pre-approved before moving forward on a property. 

The agency I went with sent me a 'vendor partner list' that indicates 5 different lenders, 2 insurance brokers, 2 closing attorneys and 3 home inspectors they typically work with. 

My question today is, how should I go about deciding which lender (in this case), or other professional to go with? Are there questions I should ask on the phone that would help me determine which vendor is best? Am I overthinking this process and should just get pre-approved by the first name on the list? 

Any feedback is welcome! Hoping to move forward on this today or tomorrow. 

Cheers,

Garrett

  • Garrett Crosby
  • [email protected]
  • Most Popular Reply

    User Stats

    106
    Posts
    77
    Votes
    Garrett Crosby
    • Real Estate Agent
    • Los Angeles, United States
    77
    Votes |
    106
    Posts
    Garrett Crosby
    • Real Estate Agent
    • Los Angeles, United States
    Replied

    @Nicole Galchutt great advice! I seem to be making great progress with the lender I'm working with in Memphis now. I appreciate all the feedback! 

  • Garrett Crosby
  • [email protected]
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