How to Choose a Lender?
“We’re going to be buying a home soon, either in University City or maybe La Jolla. Do you recommend using a bank or a mortgage broker? I’ve heard direct lenders and banks have very limited options, but mortgage brokers can shop your loan to many sources and have a wider variety of loans. What do you suggest?”
***ANSWER:
Mortgage brokers have lots of options as they can shop a loan to many sources. But many direct lenders have a good variety, offering dozens of programs.
And our preferred lender, Countrywide Home Loans (a direct lender), actually has hundreds of programs. At some point, you just have enough options. And I think a hundred is plenty.
My clients, my agents, and I are thrilled with the great team we use over at Countrywide. Give us a call at (858)457-KENT and well put you in touch with them…
