I am all for capitalism when it comes to people seeking home loans. That said, I think borrowers tend to talk to too many and end up getting confused. My suggestion to those who speak to more than one lender is to ask yourself this question after speaking with them -- "Who asked more questions?"
As a
mortgage planner, I strive to always ask more questions than the Client does. Doing so allows me to accomplish many things:
- Build trust with my Clients
- Avoid hurdles and challenges once we are into the loan process
- Get borrowers into the proper mortgage loan product
Now let's just hope that I ask more than the other guy does, too ;-)
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