Todd Sheinin, COO of Homespire Mortgage, recently sat down with Money.com to discuss The Pros and Cons of Switching Lenders When you Refinance Your Mortgage.
If you’ve developed a good relationship with your lender, that’s no small thing. “Having someone you trust with your money is invaluable, and your home is probably the largest investment you have, so you want to make sure you have confidence in the lender that you’re working with,” says Todd Sheinin, chief operating officer at Homespire Mortgage in Gaithersburg, Md. “Some lenders treat their clients better than others.”
Reflect on your experience with your current lender. Sheinin recommends considering questions like: “Were you kept informed of everything that was happening with your mortgage? Do you feel like you had your loan officer’s full attention? Did you get a great rate? Has your lender kept in touch?”
To read the full article, please visit https://money.com/mortgage-refinance-best-rate-new-lender/.