- Delays, delays, delays. This is the #1 reason borrowers start over with a new lender. Cut your losses if the lender you are working with is not timely.
- Lender changes the rate, loan conditions, or fees during the process. This is the #2 reason many borrowers find a new company to work with. Often brokers or loan officers bait-and-switch consumers once they are deep in the process, taking advantage of the relationship. Check the Better Business Bureau ratings or Rip Off Reports, and Google the lenders reputation to identify unethical companies from the start.
- Losing confidence in lender. The lender may be ethical, with genuinely nice people, but some offices are disorganized. What should take two or three weeks can end up taking two or three months. Look for signs of disorganization earlier than later and switch lenders early.
- Better Deal. Sometimes rates drop, credit eases, or another firm is willing to work harder for your business. Don't be afraid to shop or consider other lenders. Even a small savings per month over 30 years can be a large amount of money.
Yes, You Can Change Mortgage Lenders Before Closing
This page is for everyone who feels lost in the digital age. Understanding the internet and TV market is difficult considering how much it changes.
Here you’ll find information on the best ways to get internet and TV that can accommodate to your circumstances, answers to frequently asked questions about internet and TV technology and terminology and simple explanations to some of the most confusing topics related to internet and TV.