Tips for Seeking Satisfaction with Your Lender


Toy house with coins and an hour glassHome buyers may not realize how complex and competitive the lending process can be. For many, especially first-time buyers, there’s only a hazy idea of “the bank” approving or denying them a mortgage. So many don’t realize how to shop for a loan or that investing a little time upfront can result in profound savings and a sense of satisfaction.

recent article in the Wall Street Journal recently revealed ”in a recent survey, 21% of home buyers regretted their choice of lender.” Among first-time buyers, that figure crept up to 27%.

This is a good piece to share with your contacts, because it also includes helpful tips on how to avoid a feeling that they’ve gone with an inferior lender.

Additionally, you may be interested to share some tips with them from Nerd Wallet to help them “jump-start the mortgage loan process.”:

https://www.nerdwallet.com/blog/mortgages/5-tips-finding-mortgage-lender/#5tips

Finally, offer them some resources to avoid becoming a victim of a predatory lender. This piece, “Top 12 Warning Signs of A Predatory Lender” by FHA Loan Pros provides crucial warning signs which might just save your clients from a major mistake.

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