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What can I do to get more (or better) quotes for my loan request ZR-SHRXMMS?

  • November 12 2013 - Sylmar
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Answers (3)

Dear Marivmata,

When looking for a lender for your home purchase, quotes rarely reliable comparables before you submit a loan application. There are other factors you should consider. Namely, lender responsiveness, preapproval process, educating borrowers, etc. Because there are so many lenders competing for your business, they can't stray too far from market rates and fees or else they get labeled as non-competitive. That would be more detrimental than making a larger profit on your loan.

Hope that helps.
  • November 12 2013
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Go to the top lending broker around the area, usually the one that has the most ads in the real estate magazines. The top lenders usually get the best rates due to the volume they create, and they can fish around for the best deals. Hopes this helps.

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  • November 12 2013
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Profile picture for GMerino
Looks like you have received several quotes from different lenders.  Do you still have questions regarding your quote?
  • November 12 2013
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