What Makes a Great Lender?

Typically, we don't like to share another company's content on our blog.  Originality is the name of the game in the blog biz, after all.  But sometimes you come across a good piece of media online, one that speaks to the values that you yourself are trying to represent daily.  At that point, you can't help but share it, in everyone's best interest.

Truthfully, The Mortgage Reports has been a great souce of of quality financial content for years.  And when we read THIS article on what makes a great lender?  Quite frankly, we couldn't agree with them more.

You have a lot of options these days.  You can 'Press Button, Grab Mortgage' (or whatever it is).  You can hear Mortgage Lenders on the radio telling you that if your interest rate isn't in the (INSERT ALMOST COMICALLY LOW RATE NUMBER HERE), that you need to call them today!  And you'll hear Mortgage Brokers, including us here at Midwest Lending, constantly throwing out the little details that make them better than their competitors.

But when it comes to your home financing, the only thing you need to do is choose the Mortgage Professional that you TRUST the most.  Whether you're going to try and secure your loan online without ever speaking to a real person, going with the Mom and Pop Credit Union in your home town, or using a reputable Mortgage Bank or Broker - you have the right to be treated with respect and honesty.  You have the right to feel you're being taken care of, with your best interests always coming first.

We're gonna let you in on a little industry secret, so lean in.  Ready?  We're all dealing with the same rates.  It's essentially a wash, the rate is based on you and your financial picture.  So look out for what really matters during the loan process.  Your lender should ask good questions.  They should communicate with you at all times, in ways that makes sense.  And they should always offer the RIGHT loan situation for you, rather than the maximum one you can afford.

That's where the relationship begins.  That's where the difference is made.  You owe it to yourself to choose with care.