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Updated over 7 years ago on . Most recent reply

Should I use an online lender?
Good evening folks!
Looking to buy my first rental next summer and wondering how good/bad the online lenders are? Obviously I will shop around and talk to a bunch of lenders, but I wanted to get a few opinions on what you guys thought about the online lenders.
I plan on using a conventional mortgage with around 20-25% down on something. Not ready to buy yet, but saving at lightening speeds!
Thanks everyone,
Jonathan Velarde
Most Popular Reply

Id suggest using @Upen Patel instead of an online lender. When a transaction is easy, the online lender deficiencies may not rear their head...but when something outside the norm happens, you want someone like Upen that can hold the transaction together.
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