Finding the best lender

[Sameer Lalwani]

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

[Russell Brazil]

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.