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What is the Role of a Lender in the Real Estate Transaction?

Mortgage Broker Tags: , , , , , , , ,

 

 

 

 

In most real estate transactions you need to establish a relationship with a local or internet lender to act as the mortgage holder. Some of the key factors in choosing your lender are:

 

  • Interest Rates
  • Points
  • Types of Mortgages (length of terms, fixed rates, etc.)

 

It is important to search for a lender who is willing to act as a financial counselor. He/she should be able and willing to analyze your financial situation and offer you a mortgage tailored to your particular needs, keeping in mind interest rates, cash requirements and monthly payments.

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