I'm looking to buy in Ventura County (just outside of LA) but my mortgage broker is in San Diego (used and recommended by family members). Could this be an issue? Should I find someone more local?
Thanks all for the quick response!
Mel,
As Mario said, it shouldn't be a problem as long as they are licensed in your state. Stick with the plan of identifying someone that can provide you with quality service and the best rates.
Good luck
It shouldn't be an issue as long as they are licensed in the state of California. If he's been referred to you by family members that did business w/ him in this State than he's considered a reputable mortgage broker by them and should be able convince any listing agent that he can get the loan done. I know of 2 great mortgage brokers that get deals done. One is in San Diego and the other is in Philadelphia. Both licensed in California and both do outstanding jobs for their clients.
My clients use lenders from out of the area all the time. It shouldn't be a problem at all.
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