Talk of The Villages Florida - View Single Post - Question about mortgage on new or preowned home
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Old 12-01-2013, 02:30 PM
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billethkid billethkid is offline
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Quote:
Originally Posted by ilovetv View Post
Send them to a lender here in TV, like Citizens First Bank here. They know the correct market values here in this unique market, doing 30 closings a day. Welcome to Citizens First Bank

Also, buyers using a lender out-of-state has resulted in long delays before closing, sometimes 60-90 days and once, even longer in our neighborhood.
This has nothing to do with where the lenders are located and has all to do with the efficiency/effective of the lender having everything done in a timely manner. We used our home (not FL then) bank.....did not miss a heart beat or a deadline.

Why use a non The Villages entity/bank? Almost witout fail the rate will be 1-2 points less!!!!!!!!!!!!!!

There is no reason for any lending institution regardless where they are located to not meet the deadlines known well in advance.....NONE!!!!

btk