Checklist: Banks, Mortgage Lenders, Brokers and Credit Unions
Print this page or keep it open while you talk with lenders. These questions relate to the guides on this site.
- How is the loan officer compensated on this loan?
- Does the borrower pay any originator compensation?
- What alternative loan options were presented?
- Where does compensation appear on my estimate?
- Who funds the loan at closing?
Before any application
- Verify the lender and loan officer on NMLS Consumer Access.
- Ask for a Loan Estimate and compare it with at least one other.
- Never send documents or wire funds based only on an email request.