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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California M…, Agent, Oceanside, CA
Mon May 14, 2007
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
Kaye Thomas, Agent, Manhattan Beach, CA
Sun May 13, 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
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