While the competition for residential real estate loans generally assures similar interest rates, not all lenders are created equal. The major differences between lenders are:
1)SERVICE - The lender's ability to efficiently process and produce the loan on time, and
2)COST - The additional costs (origination fees, document preparation fees, processing fees, etc.) that are charged to the Borrower.
Rickel Realty recommends that you shop for your loan. If you have a real estate lender that has served you well in the past, you should consider that lender. If you do not have a lender, below are a few lenders, with which Rickel Realty has had experience:
1) Michael Maurer, Maurer Mortgage Corporation (480) 998-8364
2) Donna Timmerman, Wells Fargo Mortgage (480) 545-9928
3) Bill R. Bass, Harris Trust Bank of Arizona (480) 951-4705
4) Sandi Coates, O'Dowd & Associates (602) 248-4200
5) Robert Lilley, DHI Mortgage (480) 998-8535
6) John O'Dowd, O'Dowd Mortgage (623)-933-3946
This list of lenders is neither complete nor is it to be construed as a recommendation for or against any company, whether listed or not. Please contact and choose any company of your choice.