When Should I Use a Direct Lender?
Using a direct lender will save time and money on straightforward transactions such as when the borrower has a high credit score. Rates and terms will vary little between lenders' offers.
Tellus TIP:
Shop around for the best direct lenders online and consider referrals, but make sure to always do your research.
- What Are My Options for Lenders?
- What Are Some Reasons to Use a Mortgage Broker Instead of a Direct Lender?
- Can I Use Both a Mortgage Broker and a Direct Lender?
- What Are the Differences Between Mortgage Brokers and Loan Officers?
- How Do I Choose the Best Lender for My Mortgage?
- Who Are the Best Mortgage Lenders for First-Time Buyers?
- How Many Mortgage Lenders Should I Talk To?
- Should I Get a Mortgage from a Bank or a Non-Bank Lender?
- How Do I Decide Which Mortgage Broker to Use?
- Can I Still Use a Mortgage Broker If I Have Bad Credit?
- What Is an FHA Approved Broker?
- What Is a Direct Lender?