Why Should You Consider Applying With Two Lenders When Buying In NYC?

Nick at Hauseit (https://www.hauseit.com) reveals why you should consider applying with more than one lender when buying a home in NYC. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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When I buy a property, I am in love with the property and I really want to make sure that I get it. If I apply with just one lender, there are a multitude of reasons why that lender might not come through. They might not even get me to the commitment letter stage, or potentially they might give me the commitment letter and they might not actually fund the loan at the closing.

To mitigate the risk of losing the property and potentially your deposit, you really should consider applying with two lenders. There will be a small additional cost to doing this in the form of the extra appraisal, but in terms of the big picture it's really not a lot of money to insure yourself and to make sure you close on your dream home.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/

Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: [email protected]
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