Tips for Choosing The Best Mortgage Lender in Boston

Nov 07, 2016 (0) comment

Using the services of a mortgage lender will save you time and money. Researching all the home loan options open to you can be time-consuming and tedious and if you don’t know what you are doing, you can’t be sure you’ve done it correctly either! It only makes sense to use a mortgage lender, but how to choose the right one. The mortgage lender that will work with you to get the best possible mortgage for you. The mortgage lender that knows all the ins and outs of the process and can make sure your application is not only approved but approved quickly!

The following tips will help you choose the best mortgage lender for you:

1. Ask friends who have recently secured a mortgage.

First-hand experience is always the best, – contacts that you know may be able to recommend a mortgage lender that they have recently used or know of from someone one else. A personal recommendation from a friend or acquaintance is a valuable recommendation.

2. Talk to Your Real Estate Agent

Your real estate agent works with mortgage lenders every day. Real estate agents have lots of industry contacts. They can recommend mortgage lenders that have great reputations and provide contact information for mortgage lenders that they have successfully worked with.

3. Check the Lender's Reputation/Reviews

Armed with the names of mortgage lenders you should check reviews online, if feedback is not available online – contact the lender directly and make a request for feedback from previous clients. Online sites such as Zillow can be a great source of information regarding mortgage lenders. Besides checking the companies reputation look for information regarding promptness in providing services, furnishing details, timeliness in returning calls, and willingness to go above and beyond.

4. Compare Loan Estimates

Before making a final decision, request a sample loan estimate that you can use to compare with other mortgage brokers and loan lenders. Check carefully the broker’s fees, terms, and conditions and for hidden costs.

If you are looking for an authorized mortgage lender in Boston, Drew Mortgage Associates is an obvious choice. Well respected and known in the industry their associates regularly go above and beyond to provide the very best experience to their clients culminating in successful mortgage applications.


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