Updated over 9 years ago on . Most recent reply
Closing costs, LLC, how many companies to shop
Hello everyone! I'm beginning my investment journey and am working on pre qualifying for a loan. Wells Fargo quoted me over $5k in closing costs and I was wondering if this seems high to anyone more experienced.
They also said if I was an LLC they could only loan me money to purchase a rental if I had a million dollars of assets with them.
Finally, how many mortgage companies do you recommend I shop before I decide on one and are there major differences in mortgage companies?
Thanks for answering a rookies questions!