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Updated almost 3 years ago on . Most recent reply

User Stats

89
Posts
135
Votes
Robert Williams
  • New to Real Estate
  • Joliet, IL
135
Votes |
89
Posts

Questions to ask Lenders

Robert Williams
  • New to Real Estate
  • Joliet, IL
Posted

Hi all. I am in the process of interviewing banks for lines of credit and refinancing options, and am looking for some questions to ask. I was thinking of asking: What are the loan limits for secured and unsecured?, How much can the banker personally sign-off on without approval from a superior?, What Credit scores Scores are used?

Are there any other pertinent questions I should be asking? 

Most Popular Reply

User Stats

2,367
Posts
746
Votes
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
746
Votes |
2,367
Posts
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
Replied

@ Roberts Williams Start with your own bank where you do banking. Banks have their own guidelines for secured and unsecured products. Some time they have promotion and they change their requirement according to promotions.

  • Harjeet Bhatti
  • Loading replies...