Financing in Long Beach>Question Details

Laurie Manny,  in Long Beach, CA

What can a direct lender do for a buyer in this market?

Asked by Laurie Manny, Long Beach, CA Sun May 13, 2007

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This is important. Direct lenders, with underwriting authority, can give instantaneous decisions about loan approvals. They have control over the loan docs to expedite matters.
2 votes Thank Flag Link Mon May 14, 2007
Direct lenders are great choices for buyers as they are able to close transactions faster and with less hassle then a traditional lender with a large company. Direct lenders are often able to charge a lower fee then a traditional mortgage broker.
2 votes Thank Flag Link Sun May 13, 2007
Kaye Thomas, Real Estate Pro in Manhattan Beach, CA
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