The rules have changed in the lending industry and loans have tightened. While most agree that this is a necessary thing, securing a loan to purchase can be a bit unnerving for buyers. For buyers who are in the market to purchase, one of the best people you to have in your court is a good lender. Shop all you want for the interest rates but buyers need someone who responds quickly plus stays on top of things and gets the job done. Buyers also need to select someone who can communicate clearly and make sure that all pitfalls are addressed ahead of time so that the loan can fund on time. I have seen out of area clients try to use their normal lenders. This person may be perfect at home but may not always have the local knowledge and/or tools (such as local appraisers) to get the job done as well as someone familiar with the neighborhoods, customs, etc. here in SLO County. In any case, choose someone to whom you can have direct access and who will respond to your specific situation. Choose carefully and simplify the process!
Nancy Heins, Keith Byrd Team, North County Realtor of San Luis Obispo County including Paso Robles, Atascadero, Templeton and Santa Margarita. 805 458-3583