If you’re looking for a lender for your home loan, it’s important to find the best fit for you as you undertake one of the biggest financing transactions of your life. Can an agent help you find the best fit?
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How do you find a lender who is the best fit for you? Can an agent help you do this? The short answer is yes - I think an agent should be able to help you find a great lender who can match your needs when you’re navigating the real estate market for several reasons.
For starters, an agent generally has some preferred relationships because they’ve been in the industry for awhile. We’ve seen a variety of different loan products, service platforms, and great ways that lenders will work with clients to make them successful. Agents will actually try to connect or partner with other people they know will service their clients in the way that they would want to.
Secondly, should you look at going with a larger institutional lender or should you look at more of a local mortgage broker? Both have their pros and cons. A local lender will have a variety of programs. As a broker, they may be able to use options of many different lenders whereas the larger institutions will just use their own programs.
Agents have preferred lenders they can connect you with.
Their programs may be great and generally all-encompassing, but it might not fit the exact niche that you’re looking for, so you want to weigh out the best option for you.
Finally, you want to look at the range of programs. A real estate agent will be familiar with the programs that match certain housing styles or certain buyer profiles best because they’ve seen certain programs that work best for certain people.
You probably have many questions about the lending process if you’re thinking about taking on a home loan. I’d love to refer you to the lender that I think are the best for your unique situation, so feel free to touch base with me if you need help finding the best fit for you.
