When it comes time to selling or buying a home, hiring the right real estate agent makes your life so much easier throughout the process – but have you considered how much of a difference landing a good lender makes?
Here’s a common scenario: You’ve done the math, then to your surprise, closing costs equate to over a grand higher than the original estimate.
Why? Not all lenders are trustworthy.
It is an unfortunate fact that there are misleading lenders in the business who will sneak in extra fees during closing, because lenders are not obligated to Good Faith Estimates, or to find you the best suited loan for you. Many brokers look for mortgages that offer them the greatest profit, rather than a deal for their client.
Choosing a lender…