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Financing Your Home >Happy Banking
When you have found the perfect home, the search for the perfect loan begins. There are other factors you should consider besides the interest rate and loan fees when you are shopping for a loan. One important issue is the lender's general reputation.
A professional real estate agent can provide you with the names of several mortgage lenders and can help you compare their programs. Some lenders may have great rates, but may have very conservative standards for qualifying customers. Others may be more willing to consider people who are marginally qualified or have less-than-perfect credit histories. Some lenders have local underwriters and can process loans quickly, while others may need extra time to process paperwork. The ordinary consumer deals with only a few mortgage lenders over a lifetime, but real estate agents deal with many lenders every month. Ask your agent to help you match your individual needs to the many offerings in this complicated marketplace.
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| Q |
In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
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| A |
Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen. |
See More Real Estate Trivia > |
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Melanie and Howard Goff The Goff Team of Keller Williams Premier Partners 915 Broadway St, Suite 100 Vancouver, WA 98660 Melanie's Cell: (360) 433-5187 - Anytime Howard's Cell: (360) 513-5811 - Anytime eFax: (360) 719-7782 TheGoffTeam@NUMBER1EXPERT.com
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