Trulia Voices Real Estate Q&A in Long Beach

Laurie Manny
Laurie Manny
Real Estate Pro
Long Beach

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

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California Mort…
California Mort…
Just Looking
92075
Mon May 14 2007, 17:17
BEST ANSWER

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.

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Kaye Thomas/ Re…
Kaye Thomas/ Re…
Real Estate Pro
Manhattan Beach
Sun May 13 2007, 21:04
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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.

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