The first place to look is with family and friends. If, they have had a good experience than you should get a recommendation as who to use. Realtors are an excellent source of information. Whether you are refinancing or looking to purchase a new home contact a local realtor, perhaps someone you have had contact with before. A search of the Internet is going to bring many listings of mortgage lenders or brokers, such as, FOUR POINTS MORTGAGE CORP – 3233 Arlington Avenue, Riverside, California 92506 or FUTURA MORTGAGE CORPORATION – 6809 Magnolia Avenue, Suite 2A, Riverside, California 92506.
In addition, there are trade associations that can recommend a mortgage lender or broker in Riverside California. The Mortgage Bankers Association or the National Association of Mortgage Brokers can make referrals and help you in your search. Lastly, looking for listings in the Yellow Pages can help the search.
After selecting three or four potential mortgage lenders, a screening process should be beginning. Several criteria should be looked at when selecting a lender or broker for your housing needs. Is the company, a member of a professional organization and is there a rating with the Better Business Bureau? Is the company local? A local company will have many local contacts, knowledgeable appraisers, local title company and experienced realtors.
During your initial telephone conversation with the potential lender, tell them what your needs are. Inquire about their process and fees, but make no commitment, at this time. Repeat this procedure, with each lender. The company that makes you feel the most comfortable, is the place to start. Telephone that company again and make an appointment. During this telephone conversation, the company’s representative should give you a list of items to bring to the appointment. Bring this list of items, as best you can, as this will streamline the application process, which is necessary to see that your needs are met.