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Needing advice on first time buyer programs through bank or county please!

I'm currently preapproved through quicken loans but am wondering if I should go through a local lending company instead for first time buyer programs assistance. by lee.susie.8636 from Fort Myers, Florida. May 30th 2017 Reply


Hi Susie yes this would be a great option for you please call me for Confidential consultation

May 30th 2017
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Larry Gray (lgray_312_247)
#563 ranked lender in California - 1,127 contributions

Local Mortgage Brokers have many different options to support you with in choosing best rate/pricing and even speed of the loan, in some cases.. Quicken Loans has an excellent service department and they are huge. In fact they are one of the wholesale lenders that some correspondent smaller mortgage companies have as one of their choices on various loans. However, I think you just might get a better rate and pricing from a local broker or least within your State. Please note a lot of what we refer to as Brokers are really primarily correspondent lenders. That means they loan their money but ultimately choose a lender for the best rate/pricing the day you lock in your rate, who then ends up purchasing loan to service. A standard mortgage broker chooses from different lenders but the difference is the Lender does the Underwriting of the loan and ultimately funds the loan. The correspondent mortgage broker does the Underwriting and ultimately funds the loan and generally then per agreement sells the servicing rights of the loan to a large servicing bank. Every mortgage consultant or loan officer expects to be shopped for the best rate and pricing as that is your right as a loan consumer.

May 30th 2017
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,041 contributions

Absolutely.. your local mortgage pro is much more efficient at closing loans.. and they will be familiar with local intricacies,, making them a much better source than a 50 states, internet lender. I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Jun 1st 2017
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