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Updated over 9 years ago on . Most recent reply
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Loan Officer (If it ain't broke don't fix it)?
When my wife and I purchased our first home back in 2011 we used a loan officer that was recommended to us through our real estate agent (who was a family friend). They helped us find our house and really worked with us to make sure the process was as painless as possible. We also refinanced using this same Loan officer, again it was a painless process.
Now with my mind set on investing in a rental property, my question is should I go the same route again by using this same loan officer and real estate agent to help me through this process? Should I find another agent and loan officer, or should I try to go through the process myself, if that's even possible as in go through my bank for pre-approval, find the properties, make offers myself?
Forgive me if these are dumb questions, I'm just searching for clarity!
Most Popular Reply
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Hi @Julian Dangerfield right now for that reason.
For the lender, my local bank's rate was decently higher than the lowest I found with a credit union so I'm going with the best price over the best relationship.