February 25, 2017 6:02 am
A majority of my buyers and owners ask me for referrals to a Westside lender that has a strong reputation for getting both good new purchase and refinance rates and for getting loans closed on time. While I can’t endorse any lenders, and I don’t make money from referring lenders, I can definitely say, overall, that the following three Westside lenders have received excellent reviews from my clients and have done an exceptional job of helping them win in multiple offer situations by providing strong and quick pre-approvals.
Westside Lender Keith Prendergast with Wells Fargo
Keith Prendergast has been helping homebuyers through the lending process for the last 14 years. Although Keith has experience with a wide variety of mortgage loans, I’d suggest Keith for loans that are greater than $417,000. These large loans are known as Jumbo loans and require a different set of parameters than smaller loans.
When speaking with Keith about jumbo loans, you should be prepared to:
- Have a minimum 10 to 20% down payment
- Be able to prove your income
- Ask about various ARM options
You can reach Keith Prendergast at 310-285-5783.
Westside Lender Yale Keckin with CitiBank
Yale Keckin has been with CitiBank helping consumers with loans for many years.
Yale will walk you through the process. Among the paperwork that Yale and all of the lenders will require include:
- 2 months of bank statements
- 1 month of pay stubs
- 2 years of tax returns
- 2 years of W2s
- Award letters for social security, retirement, or pensions
- 2 years of 1099s
The more information you can gather before meeting with Yale, the faster and easier the process will be.
You can reach Yale Keckin at 310-678-6464.
Westside Mortgage Broker Mark Cohen at Cohen Financial
Mark Cohen at Cohen Financial understands that not everyone looks like the perfect homeowner candidate on paper. That’s why he’s been working hard to help those with qualifying challenges.
Because Mark is a mortgage broker, he has more available programs than traditional banks. He’ll be able to help if you have less than stellar credit, are self-employed, or have debt to income ratios that exceed what is needed for a conforming loan. When asked, Mark said, “I have a plethora of out-of-the-box loan vehicles that can meet most guidelines.”
You can reach Mark Cohen at 310-777-5401.
If you have questions about financing, feel free to contact Keith, Yale, or Mark, or contact me. I’d love to offer any insights that I have.
(*Please note: These profiles are not to imply any endorsements or to solicit any services. I do not receive any compensation for suggestions or references.)
Categorised in: Blog, Brett's Top Picks