Why is it so important to choose the right lender?

Let’s face it, you can go anywhere and get a home loan.   But, the differences in lenders are so vast, that I could spend hours writing about this subject.  A common mistake I experience is that many buyers assume that lenders are all the same, and as long as the rate and fees are fair, why not?   Well that statement couldn’t be farther from the truth.   Today’s market is competitive and purchase agreements often contain buyer paid per diem penalties for a late close.  That’s right, you could be on the hook for $150 for every day the close is delayed.  Sellers are looking for buyers that can close, and close on schedule.   In fact, as a general rule, the quicker the close, the more favorable the offer.  I’ve seen sellers choose a lower offer with a quick close over a higher offer with a 40 day close.  While it is often comfortable to use ones primary bank, you need to know that they rarely meet the contractual close date.   They hook you with this wonderful story about their in-house processors or underwriting, but they don’t tell you about the layers of bureaucracy and lethargic work pace that’s typical of big banks (think big government).   Buying a home can be a very stressful experience, and the wrong lender can compound the problem. If you want competitive rates/fees and a smooth, trouble free experience, I urge you to call one of the following qualified lenders.    John

Why is it so important to choose the right lender?

Judi Gustin – Senior Loan Officer
Sun American Mortgage Company
4140 E. Baseline Rd., Suite 206
Mesa, Arizona 85206
Tel: 800-469-7383
Tel: 480-832-4343
Fax: 480-924-6761
contact Judi

AZ LO-0912533
NMLS# 249245

Why is it so important to choose the right lender?

Why is it so important to choose the right lender?

Why is it so important to choose the right lender?

Why is it so important to choose the right lender?