Why Your Mortgage Merits a Second Opinion
In fact, an overwhelming majority of borrowers will simply choose the first lender a realtor recommended without even considering the experience level of either the agent who made the referral or the lender being referred!
Related Article: Working with Realtors; Why Experience Matters
No doubt the diagnosis of cancer merits a second and sometimes a third opinion. But if a rebuilt transmission that costs $3,600 warrants a second opinion, why is it that so many people are willing to settle for the first mortgage loan offer when it could cost them thousands more?