Here are some questions you should ask lenders before deciding who you are going to work with on your mortgage. The largest financial transaction of your life is far to important to place in the hands of someone who is not capable of advising you properly and troubleshooting issues that may arise along the way. [Read more…]
How to Shop Mortgage Lenders
February 23, 2024 by Leave a Comment
APR is not the best tool for shopping mortgage rates
October 3, 2012 by 1 Comment
APR was created by our government to help consumers select a mortgage rate. It was intended to be a tool that would allow someone to simply compare various mortgage scenarios and shop mortgage lenders for the “best rate” at the lowest cost. Unfortunately, APR is probably not providing an accurate view of what the true cost of the mortgage, whether it’s for a home purchase or refinance, is. [Read more…]
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