Over at Issaquah Undressed, Larry Cragun give us a little encouragement to use the lender recommended by your real estate agent.  Time and time again I have found this to be true.  While there are some occasions in which a client had worked with a lender before and had a great experience, most of the time it has been a disaster.  Whether they have chosen a family member or friend and they are trying to do them a favor or they are going with the person who called them just after dinner asking about their Refi and ARM, you should use someone who has something at risk. 

Your agent will have a couple of lenders to recommend to you.  These lenders get referrals from your agent on a regular basis.  If they drop the ball and you have a rough experience they are not only losing out on your business but all the business that would come from your agent.  So instead of losing one loan they are potentially losing several.  They will pay close attention to how they can best serve you knowing that their relationship with the agent is on the line.

I use about three lenders on a regular basis, this way my clients have options and can choose who would work best for them.  One specializes in FHA, another in “Creative Financing”, and another in that personal touch.  They are all great people and work hard for their clients and me.  If you are thinking of making a purchase or refinancing your home and need a great referral, drop me a line.  206-579-5605

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