And this is coming from a mortgage lender! Results from a recent National Housing Survey show that 1/3 of consumers who bought a home last year got only one mortgage quote. Experts, including those on the Mortgage Specialists team, agree that homebuyers should do more research before committing to a mortgage lender. Here is a solid list of things to concentrate your search on.
- Compare rates and fees.
- Look through testimonials and reviews.
- Ask a trusted real estate agent about the lenders’ professional reputations.
- Evaluate communication levels.
Wonder why a mortgage company is telling you to shop around? Check out our reviews, ask about our professional reputation, and give us a ring. You’ll see why we’re comfortable telling our prospective clients to shop around.