I’m looking to get prequalified for a home purchase in the San Francisco area. What are banks or lenders that have a good reputation I should consider?
First begin with the institution that has your savings or checking account. Because you have a history there, they may give you special treatment.
If you do not have a bank/savings and loan company that has an office in San Francisco, choose a mortgage broker. A mortgage broker presents loans that best fit your needs, leaving the final choice of lender and loan program to you.
Even when a client of mine works for a lending institution or has a working relationship with a bank or s&l, I recommend that they comparison shop with a mortgage broker. The more choices you have, the better!