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Updated about 7 years ago,

User Stats

27
Posts
19
Votes
Roi C.
  • Investor
  • Houston, TX
19
Votes |
27
Posts

Tips for choosing a mortgage company in Houston, TX?

Roi C.
  • Investor
  • Houston, TX
Posted

Hi,

I am in the processing of identifying investment deals in the Houston, TX area. I do have enough cash to close on some deals in the areas that I'm looking at, however I want to see what kind of terms I'm able to get by leveraging my money and getting a loan from a mortgage lender.

Can anyone please offer any tips on how to choose the right mortgage company, and any red flags I should stay away from?

Should I look at known national companies, or small local lenders? Or maybe speak directly with banks, or credit unions? Is there any advantage of going with a larger lender vs a smaller one?

Also, if you have any specific lender that you can recommend in Houston, I would appreciate if you can PM me their info.

We have a very good / excellent credit score. My main goal is to check how many mortgages I can get approved for, at what interest rates, and what's the maximum amount of dollars I can use for each mortgage. This will really help me to narrow down my deal-hunting.

Thanks a lot!

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