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Updated about 8 years ago,

User Stats

9
Posts
3
Votes
Kenan Karalic
  • Salt Lake City, UT
3
Votes |
9
Posts

What qualities should I look for in a lender?

Kenan Karalic
  • Salt Lake City, UT
Posted

Hi everyone,

I am getting closer to purchasing my first property in the Utah market and would like some advice on what qualities I should seek in a lender? 

Also, I would like to clearly understand the difference between a private lender and a conventional lender. Is someone considered a private lender if they are not affiliated with a bank, but work for a mortage LLC company, or can they still be a conventional lender? How do I spot the diffrence?

I appreciate any advice!

Best,

Kenan

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