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Local lender or internet lender

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Valued Contributor

Local lender or internet lender

Local lenders I have been in touch with estimate 90 day closing . I was considering new build , but have now chosen a new spec built home that meets all of my needs. Is 90 days the common time , I've seen online sites say close in 30!
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44 REPLIES 44
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Moderator Emerita

Re: Local lender or internet lender

90 days is a very long time for closing - unless the house isn't ready.  

30 days is typical IME.  If your local lenders are taking 90 days, then use an online lender (not Quicken though)

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Valued Contributor

Re: Local lender or internet lender

I don't know any online lender other than Quicken!
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Moderator Emerita

Re: Local lender or internet lender

I will pm you an excellent one

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Valued Contributor

Re: Local lender or internet lender

Thanks!!
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New Member

Re: Local lender or internet lender

Could you PM me that info as well?

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Valued Contributor

Re: Local lender or internet lender

Could you send me a pm as well?


     $500         $1,000        $1,300        $1,500        $1,850         $3,400        $3,500                            $9,500        $1,000
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Moderator Emerita

Re: Local lender or internet lender

^^sent pm's to each of you Smiley Happy

Message 8 of 45
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Contributor

Re: Local lender or internet lender

Ours was mostly online although the Company has numerous physical location throughout the State including where the property is location and where we currently lived.

 

We shopped various lenders before selecting the right one.

 

It was nice to walk in and interact with a person every few weeks. Even if it was just dropping off coffee.

Message 9 of 45
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New Contributor

Re: Local lender or internet lender

I would like the name of that online lender.... I will be starting the loan process in about 4-5 months and I am currently in search of a lender. Thanks

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