Financing directly through lender

[Niti Bhat]

Does anyone have experience of going directly with the lender like Providend? We always go through an agent who have their own fees. This time we were thinking of directly going through the lender as we already have 1 loan through them and everything is online.

[Devin Peterson]

If you are referring to Provident Funding there are great to go through. Always sharp pricing and their team is so fast. Although, I'm not sure if they have a retail division. Wholesale they are amazing. As far as your concern for broker fees goes - if the loan is lender paid this is nothing you have to worry about. You don't pay the cost of a brokers service here, the lender does. I would stick with what has been successful thus far. All of my provident wholesale loans closed in 14 days or less, truly remarkable in this climate.