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Shopping for a Home Loan
Shopping for a Home Loan There are thousands of mortgage lenders across the country, each with many different loan products. There's a mortgage product for just about everyone. Banks One place to check is your local bank. This can result in a reasonably good deal for the qualified customer. In many other cases, the bank will not have a program that fits your needs, or you may fall outside the guidelines of its lending ability. Once you have visited your bank, look in the real estate section of your local paper for the rates at other banks. The Web The Web lets you comparison shop, right from the comfort of your own computer. Not only that, but you don't have to hunt down a hundred different banks -- certain aggregator sites have done that for you. In fact, you might check out the loan services provided by our Home Center sponsors. Each of these companies can help you shop for the lowest mortgage rates. Real Estate Agents You might well find the cheapest rates in town (or in the country) on the Internet. If, however, you end up working with a real estate ... more
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