What is the most logical next event?

How to compare lot loans
Gather the details of your proposed loans, including the amount to be loaned, the loan's percentage of the purchase price, interest rates, loan fees and types.
List or highlight the important details from each loan proposal.
You can make your list on paper, with columns for each lender and the loan terms listed in order.
You can also create your list in a spreadsheet, which may help you compare terms easier by using the sort and filter features. Eliminate any loans that will not provide enough upfront capital for your proposed purchase.