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Private Lending & Conventional Mortgage Advice

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Josh Kliethermes
  • Investor
  • St. Louis, MO
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6
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Lender Search - Things to ask / look for

Josh Kliethermes
  • Investor
  • St. Louis, MO
Posted Apr 5 2023, 13:42

Hi BP!

I am beginning my lender search. I have talked with a few agents and gotten recommendations for lenders in my area. One of the first things the lenders try to do when opening conversation is trying to get me to fill out their online forms to underwrite. I was wondering what things I should ask the lenders or look for before I start filling out approval forms. I obviously think that I should decide on a lender or two before filling these out as I don't want to many credit checks against my name. So, was wondering what screening questions to ask them or red flags to look out for. 

Thanks for the help!

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