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Updated over 5 years ago on . Most recent reply

Sameer Lalwani's profile image
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Sameer Lalwani
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Mortgage Brokers & Lenders

Finding the best lender

Sameer Lalwani
Posted

How do you find the best possible lender for the best rate? Any preferences between banks and local lenders?

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Russell Brazil
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ModeratorReplied

Best rate is unlikely to be the best lender. In fact as @Chris Mason were recently discussing, expect problems from lenders with the absolute best rate to include missing closing deadlines, having appraisal issues etc. What good is saving an 1/8th of a point if you lose the deal, or perhaps lose you EMD over.

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