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All Forum Posts by: Oren Toubiana

Oren Toubiana has started 1 posts and replied 1 times.

Post: Bank vs Mortgage lender

Oren ToubianaPosted
  • New York City, NY
  • Posts 1
  • Votes 0

Hello everyone,

I’m new n BP and about to purchase my first investment property. My credit score is good (750+) and unless I'm missing something important, my main criteria to choose a provider for a 30y conventional fixed loan (with 20% down) would be the mortgage rate.

1. I'm wondering was the best option is between a major bank or a mortgage lender.
2. What are the main criteria to look at when selecting a lender (I find it really hard to understand the difference between all the options)
3. What would be a good mortgage rate (or range) in today's market?

Thanks a lot for your help!