When it comes to getting a home loan, there are so many institutions to choose from. Big national companies like Quicken Loans have the ability to lend anywhere in the nation. Lenders can be attractive to home buyers for many reasons. Low rates, cash back after close of escrow or the ability to close a loan without charging the buyer any upfront points to produce the loan. With this said, there are are other key issues that should be taken into account when making a final decision.
Sometimes other priorities for the borrower (other than the loan rate, points, etc) can take precedent. I recently closed a transaction in which the buyer needed to secure a home loan but due to the complication of owning another home (with mortgage) that needed to be
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