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Harcourts Beverly Hills

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How to Find a Lender

Today, lenders can be found through a variety of sources. In addition to calling on ads in the newspaper, you can also find and apply to lenders over the internet, and through referrals from your REALTOR. We would be happy to suggest lenders we have used successfully, who have proven themselves competitive and capable even with problem properties or poor credit.

Choosing the Right Lender

Interview several lenders to evaluate the following:

  • Ability to explain things clearly and return your phone calls in a reasonable time period
  • Competitiveness of interest rates, costs & fees.
  • Availability of loan programs that suit your credit profile and desired property
  • Access to local loan approval committee that understands the kind of property you are buying

Choosing the Right Kind of Loan

Today there are so many types of loans on the market that it is beyond the scope of this page to list or explain them all. Your lender is the best person to help you select a loan program to suit your needs. Below is a summary of the three most popular loan types we see in practice; for more detailed information click the link at the end of this page.

  1. Fixed loan: The fixed rate loan assures your monthly payments will stay the same over the life of the loan, which is typically between 15 and 30 years. Fixed rate loans may be best if you intend to hold the property for a long period of time, say over 7 years.
  2. ARMs (adjustable rate mortgages): ARM’s may be suitable if you plan to sell or refinance your home within the next few years. The starting interest rate is typically lower than a fixed rate loan, saving you money initially. However, it is important to understand the index, the readjustment interval, the capitalization rate and downside risks of an ARM before making a final decision to use this type of loan.
  3. Intermediate ARMs: Also called Hybrid Loans, these loans can offer fixed interest rates for the first 3, 5, 7 or 10 years after which the interest rate adjusts with the market every 6 months or year thereafter.

Recent Reviews

Thank you Glen for all the hard yards you put in for us on Saturday to obtain the results we did. Your knowledge of the industry is invaluable and to combine this with your enthusiasm, professionalism and positive nature is peace of mind for any prospective vendor. We were extremely pleased to have you on our side throughout this process.

Andrea D.

Your ability to successfully manipulate and read the potential buyers art my auction resulted in a more than satisfactory sale price. I feel comfortable contacting you anything with questions about future purchases.

John & Leanne E.

Alex and Deanna are the only people I would recommend with complete confidence. They far exceeded any expectations I could have imagined. I handed over the keys to my home and they handled everything extremely quickly getting it on the market. The staging made our mid-century modern home look like a model! The process was totally turnkey from staging, marketing, open houses with follow up and negotiating on the many offers we received after the first open house. We sold the house for K over asking!!! To top it off, they are the nicest people to work with and always go above and beyond. It is a no brainer... they are the BEST!!!

Jacque M.

Alex and Deanna made the process of buying our first home seamless. They are an amazing team and went above and beyond every step of the way. I cannot recommend them enough. We will be clients for life!

Michael M.

There are very few professionals like, Brooke Coutinho. She masters the fine art of communication, kindness, and intelligence when completing any task at hand. I have the honor of working with Brooke and our international women’s real estate group called, Real Women In Real Estate Los Angeles. As a real estate professional, homeowner, and investor I have 100% confidence in Brooke and honestly, I wish I could steal her away to work with me. She is the proverbial unicorn in our business.

Louisette G.

I have worked alongside Brooke Coutinho for approx. 5 years. During this time I found her to be extremely helpful, so efficient and always professional! I would love to have Brooke in my team and or have her assisting me with a transaction as I know I could always rely on her to provide the best outcome possible! If you need any further information please feel free to contact me.

J. Royston

Elise is a mind reader! Well, not really BUT when I told her what my must-haves were, she listened. And, when I told her where I wouldn’t compromise, she got it. Time is precious and she respected that and didn’t waste my time by showing me homes that didn’t work for me. That’s important to me.

Ellen G.

Christine helped us with our relocation from the Central Valley recently. We had a very specific timeline as this was a work relocation, a specific lists of wants, budget and knew nothing about the area. Christine was respectful of all this and got us in our home with all boxes checked. Honestly, couldn’t be more pleased. A true professional and would highly recommend her. We are beyond happy, and fortunate, to have had Christine on our team.

B Taylor.