Updated almost 8 years ago on . Most recent reply
Where to get a house hack loan?
Howdy guys I am looking to take down my first house hack deal here in San Antonio. My question is should I use a local bank or some other bank/lender that you see on redfin and zillow? I was using a company called fairway mutual and they seemed good at first but now they aren't responding or answering my questions. It's pretty frustrating because I'm 20 and have worked VERY HARD to build my credit and it gets dinged every time I use a lender and so far 3 of them have been useless. Does anyone have any banks or lenders they would recommend? I don't want to be wasting my time and have my credit score continue to go down since I already have enough going against me because of my age and lack of experience. Another question I have is it even a good idea to look for lenders that are out of state and that I can't meet in person or even worse that don't know the market I am looking to buy in?
Most Popular Reply
I recommend using the lender that you feel you can build the best relationship with. Dont worry to much about getting the very best interest rate. Having a good relationship is the most important thing.
Also don't worry to much about hits on your credit score in the long run it won't make a huge. Just continue to be conscious of it and you will be fine.
Maybe check out Randolph brooks credit union. I used them before and had no complaints.
- Jonathan Klemm
- [email protected]
