The Fixers: Not All Mortgage Lenders are Created Equal

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Filed under: Mortage Industry News

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In every industry, there are good service providers out there and other companies that leave you wanting more. If you are looking for a mortgage provider, then there are a few questionable practices that should be avoided. But, luckily you can find good lenders that are available in the industry to assist with your needs.

Lately, I’ve been seeing the trend of customers who run into sticky situations because they chose the wrong lender. It’s not unusual for us to get the call from a real estate partner or a friend who is dealing with a loan that’s having problems. Maybe the process has been in underwriting too long, or the lender is coming back and turning down the financing.

One reason I love the decision that I made to switch to Franklin Loan Center is because of the quality services that are offered to every client. Our team knows how to get things done. If we run into issues, then we will make the decision as quickly as possible to give you time to find the right options.

Choosing a Mortgage Lender

Not all mortgage lenders are created equal. There is so much that goes into getting a mortgage, so you need to look at the bigger picture. Everyone focuses on the lowest rate, but there are so many other aspects to picking the right lender.

While it is important to be competitive with the rates, other factors should affect a customer’s decision to choose a lender. Keep in mind that great lenders know how to pick the right loan for their clients. They have great underwriters that work to approve all loans they can possibly make work. Last but not least, great lenders are able to achieve turn times required by their purchase contract.

Our team is always here to assist if you are buying a home or refinancing your property. We’d love to have a chance to show you the quality level of service that is available in the industry. Bring us your questions so that we can help with your financing needs. Don’t forget to comment, share, or like this video.

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