How To Shop For a MortgageMar 25 2013
Buying a new home can be tricky at times. But finding the right mortgage to help you buy your dream home can be even trickier! In a recent article in our Resources section, we cover the most responsible ways to shop for a mortgage lender, mortgage professional, reasonable fees and competitive mortgage rates.
When shopping for a mortgage, you should always keep the following in consideration:
- Knowledgeable Mortgage Professional: make sure you do business with someone who is experienced, responsive and a good communicator.
- Lender: Some larger institutions have access to better rates – understand that better rates will come from industry heavy hitters.
- Fees: Fees vary by lender and will be charged to you close to your loan.
- Rate: Once you narrowed down your choices, call your professionals and get the most suitable program at the best rate.
For the rest of the tips for shopping for a mortgage, click here.
Or download our free eBook “Demystifying the Mortgage Process” which covers the mortgage process from beginning to home ownership.