Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago, 11/19/2022

User Stats

21
Posts
16
Votes

Preapprovals and Lender Reviews

Posted

How does one vet a lender? Ive spoken with two lenders. One was local and one was zillow home loans. Its obvious these guys have some advantage to sell their business. So what is to look out for? I have some thoughts but I’d love to hear more

Local vs Zillow - how important is this? Im also leaving the area in 2 years so would it be better to build a relationship with an on the ground lender, or an online lender that I can utilize for property anywhere?

Enthusiasm - both were pushing that they were creative at finding the best way to play the loan approval game. Zillow guy did have more ideas during the meeting though.

Costs- do lenders tell you up fron their origination fee and points if you ask? Can you just ask what their par rate is?

Loading replies...