Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Education is the Only Sure Consumer Protection
Education is the Only Sure Consumer Protection
Borrowers Must Know How Properly to Shop For Loans.  
Life is better for all concerned when Your buyers know how to select competent lenders
FIRST, 2 VERY IMPORTANT Rules: 
Mortgage Rates, Points and Lender Fees are interdependent parts of every rate quote.  All parts must be comparied.  If any part is missing the Quote is worthless. Do not fall for "I must have your credit report and financial information before I can quote you a my rate" because this an absolutely outrageous lie.  It is a sales stragety to collect buyer information because the more data a borrower provides the less likely they will continue to shop other lenders. Move to the next lender if they will not provide the information you require.   Important Mortgage Rate Shopping Tips.
ARMS are biginning to make a comeback as rates increase.   Borrowers should compare MARGINS, CAPS and INDEXES to make an informed decision.  
Know your credit score before you begin shopping.  Loan availability and the cost of your loan depend on your credit score.  Most lenders require a 620 - 640, or better, mid score.  A few FHA and VA lenders will allow scores down to 580.  
Do not allow any lender to run your credit until You ... more

__________________________________________________
Are you on The Rain? Grow Your Network!