Is the lowest interest rate always the best option? Usually yes, but there are a few factors that are frequently overlooked.
First, are you working with an experienced lender? Are they reliable, and have a solid track record of meeting deadlines?
Second, are you working with someone who cares about your best interests and goals? Are they concerned about you and your family’s well-being? Or do they only view your relationship as a transaction? Make sure you’re choosing someone with whom you’re comfortable working.
Third, have you considered all your loan options? There may be better options available with lower closing costs (or none at all). Depending on your goals, we can tailor-fit the ideal option for you.
If you have questions about this topic or anything else lending-related, please reach out via phone or email. We look forward to speaking with you.