Checking credentials of a Lender

[Kristen Dolotina]

Hi! I found the PERFECT real estate agent and am now in the process of vetting a lender.   I am having difficulty finding this person's company on the BBB, but that may be a glitch.  What are some other ways to vet his company before providing my financial information to them?

[Chris Seveney]

Quote from @Kristen Dolotina:

Hi! I found the PERFECT real estate agent and am now in the process of vetting a lender.   I am having difficulty finding this person's company on the BBB, but that may be a glitch.  What are some other ways to vet his company before providing my financial information to them?

 Did you check NMLS? Every lender should be licensed and have a NMLS number. If they are a private lender they may not have a NMLS but should have a website and some references you can check. At the end of the day you ALWAYS go through a title company so if the lender was not legit you would know it well before you got to closing since they need to fund the deal.