My personal rant:Due to the wealth of information available, low
interest rates and the do it yourself shopping spirit of the Internet,
Mortgage lenders have popped up all over the place. No name, no service
companies can instantly project an impressive presence. Local real estate
customs and processes are different in every State. Even nationally
recognized companies have issues when they are not "properly" set up to do
business in a given area (This requires much more than being "licensed")
Problems are normal in the course of a complex transaction. It's how
you deal with problems that sets you apart from the others. A good local
lender gives you a physical presence to have "fix" the problems. One of
the biggest issues with Internet lenders is the mortgage money showing
up on time, unfortunately and very frequently the money does not arrive in
time, setting off a nasty chain reaction of failed/delayed closings and
talk of lawsuits (mention Internet lender to an Attorney and watch their
eyes roll up into their heads) Please shop for your loan carefully, you
wouldn't want to be accused of "closing interruptus"
