Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

89
Posts
135
Votes
Robert Williams
  • New to Real Estate
  • Joliet, IL
135
Votes |
89
Posts

Questions to ask Lenders

Robert Williams
  • New to Real Estate
  • Joliet, IL
Posted

Hi all. I am in the process of interviewing banks for lines of credit and refinancing options, and am looking for some questions to ask. I was thinking of asking: What are the loan limits for secured and unsecured?, How much can the banker personally sign-off on without approval from a superior?, What Credit scores Scores are used?

Are there any other pertinent questions I should be asking? 

Most Popular Reply

User Stats

2,377
Posts
747
Votes
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
747
Votes |
2,377
Posts
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
Replied

@ Roberts Williams Start with your own bank where you do banking. Banks have their own guidelines for secured and unsecured products. Some time they have promotion and they change their requirement according to promotions.

  • Harjeet Bhatti
  • Loading replies...