Top Tips for Selecting a Lender
With the considerable amount of money at stake when purchasing a home, it’s worth your while to carefully select a reputable lender you can trust. Consider the following when making your decision:
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Consider Going Local
Online lenders are plentiful, but a local lender comes with the added benefit of knowing the neighborhoods, properties and real estate professionals in your area. Plus, a local lender is still there for you long after your big move – so you can make payments, ask questions or get other help anytime during the life of your loan.
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Research Rates
What may seem like a minor difference in rates can amount to thousands of dollars in interest over the life of your loan. Most lenders will have similar mortgage rates, but it’s still a good idea to double-check rates and compare.
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Ask for Recommendations
Friends and family members are a great place to start when it comes to learning about lenders in your area. Ask what they liked or didn’t like about their experience.
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Think Beyond Dollars
Yes, interest rates are important. But so is choosing a lender that displays honesty, integrity and a commitment to meeting deadlines and communicating with you throughout the process.
At Dannemora FCU, we genuinely care about our friends and neighbors – and that’s why we hope you will consider us when choosing a mortgage provider. Our goal is to make your home-buying process as seamless, stress-free and affordable as possible. When you work with us, you will enjoy:
- Local loans originated, processed and kept in house at DFCU
- Competitive rates
- Flexible terms
- A variety of financing options
- A simple application process
- Helpful guidance from start to finish
- A year-end bonus that returns to you a percentage of your interest paid that year
Our knowledgeable team is ready to make you feel right at home.