When you buy a home, you’re in it for the long haul. You’ll have a mortgage payment for 15, 20 or 30 years, after all, so it’s smart to shop around to find the best mortgage lenders out there. Keep reading for tips on how to shop around.
Finding a mortgage lender involves more than just getting a good interest rate; you want to work with the best mortgage companies, staffed by professionals who will guide you through the process.
- Get your credit score in shape. The higher your credit score, the more bargaining power you’ll have.
- Know the mortgage lending landscape. We’ve done some of the homework for you below.
- Get preapproved for your mortgage. Boost your chances of having your offer accepted by getting preapproved.
- Compare rates from several mortgage lenders. You can search for the best mortgage rates online. Make sure that you are comparing rates on the same day - rates change daily.
- Ask the right questions and read the fine print. Find out about requirements and fees, including costs beyond principal and interest payments
The good news is that the Easterbrook
Team is holding free classes starting in January of 2018. Go to HomeLoanWorkshop.org
to sign up for classes.
The Easterbrook Team
916.850.6050

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