The Advantages of Using Local Park City Lenders
- Local lending guidelines often differ from out-of-state guidelines in favor of the buyer.
- Local lenders can save you money.
- Park City lenders are smaller operations run by Park City business people who can offer a more personalized experience for the buyer.
Pre-Approval: Getting a Jump on Getting Approved
The best case scenario for a buyer is getting pre-approved for a loan by a good mortgage lender before you actually begin to look for a home.
Traditionally, lenders run a credit check on you, thereby obtaining some financial information about you. Being qualified for a loan while you are in the process of house shopping can actually slow things down. Loan figures are essentially…