Establishing Relationship with Lenders
Here's a question I want to put forth regarding my getting pre-qualified.
Presently I'm putting the pieces in play to buy a duplex property or single-family home where i might an ADU in back to live in while I rent out the main house.
This will be my first deal that I am seeking a loan from an institutional lender.
My credit score is outstanding (820+) but I don't currently own any real estate.
So my question - We often hear BP investors talk about the importance of meeting local lenders, credit unions, etc. in order to develop relationships with these local lenders.
Since this will be my first deal in my name, am I better off simply connecting with a good mortgage broker rather than going to several lenders directly to shop for the best solution for me?
Your opinion is appreciated.