How To Choose The Right Lender

Dated: 11/01/2016

Views: 572

How to Choose the Right Lender | RISMedia's News Hub
Martin ( Marty ) Bassett
Real Estate Professional
Front Street Brokers
My Website
Eagle office 875 E. Plaza Inside Idaho Athletic Club
marty.boiserealestateshop.com
Eagle, ID 83616
O: 208- 629-3670
M: 208-841-1436 Marty
Contact Me


How to Choose the Right LenderWhen buying a home, choosing the right lender is very important. You'll be committing to paying off a home loan for the next 15 or 30 years, so make sure you have a lender that is the best one you can find.

Numbers, numbers everywhere: Obviously, there are going to be lots of numbers as you compare lender to lender. Taxes and insurance will remain the same, more or less, so focus on the rates, points and fees. These are the three sectors that will vary greatly from lender to lender. Calculate carefully when considering because they all affect each other.

Conduct some background research: Do some research before filling out an application. Feel free to ask questions as well. If you are given the runaround simply because you haven't applied yet, that's usually a bad sign. Feel the lender out. If you can't even get preliminary questions answered, that's usually a sign to flee running to the next potential lender.

How to Choose the Right Lender | RISMedia's News Hub Play the part of an interviewee and interviewer: The lender will want to interview you after you fill out an application. After all, hundreds of thousands of dollars are on the line for them. But just as they want to learn about you, you should also learn about them. Don't hesitate to ask a few questions of your own during your interview. Find out who will service your loan, or what happens if your rate lock expires before you close? These are all things you need to know before signing.

Always remember: choosing the right lender is just as important as choosing the right home.

Marty Bassett

Your Trusted Real Estate Advisor Bassett Home Group Marty has been a full time Licensed Realtor in Idaho since 2007. He is a member of the Bassett Home Group along with his wife, Karla Bassett, ....

Want to Advertise on this Site?

Latest Blog Posts

Great Single Level Home In A Convenient Boise Location 3968 S Oak Brook Way MLS 98674860

Great single level home in a convenient Boise location3968 S Oak Brook Way MLS 98674860Great single level home in a convenient Boise location.  Close to the Greenbelt, Bowne Crossing and all

Read More

Last Remaining Riverfront Lot In Eagles Most Desirable Subdivision 1123 Sherington Eagle MLS 986674

Last Remaining Riverfront Lot in Eagle’s Most Desirable Subdivision1123 Sherington Eagle -MLS 98667459You don’t want to miss the opportunity to build your dream home on the last remaining

Read More

Turn Key Kuna Home Ready For A New Owner

Turn Key Kuna Home Ready For A New Owner1878 W. Oakley Way Kuna ID 83634$214,900MLS: 98674193Contact: Jared Cozby (208) 830-3715Turn key home ready for a new owner! All new flooring - new

Read More

Completely Remodeled Classic Ranch On The Golf Course 4959 Umatilla Ave Boise 83709 MLS 98673494

Completely Remodeled Classic Ranch on the Golf Course.  4959 Umatilla Ave, Boise 83709, MLS 98673494Fall in love with this totally remodeled classic ranch home located on the 1st

Read More