Shop for a Loan

Getting
Started

Shop For A
Loan

Know The
Numbers

Get Pre-
Approved

Applications
& Processing

Funding
 

How to Find a Lender

Today, lenders can be found through a variety of sources. In addition to calling on ads in the newspaper, you can also find and apply to lenders over the Internet, and through referrals from your REALTOR. We would be happy to suggest lenders we have used successfully, who have proven themselves competitive and capable even with problem properties or poor credit.

Choosing the Right Lender

Interview several lenders to evaluate the following:

• Ability to explain things clearly and return your phone calls in a reasonable time period
• Competitiveness of interest rates, costs & fees.
• Availability of loan programs that suit your credit profile and desired property
• Access to local loan approval committee that understands the kind of property you are buying

Choosing the Right Kind of Loan

Today there are so many types of loans on the market that it is beyond the scope of this page to list or explain them all. Your lender is the best person to help you select a loan program to suit your needs.A 30 yr. fixed rate loan assures your monthly payments will stay the same over the life of the loan and is the type of loan most often used when quoting interest rates.