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Saturday, February 4, 2017

How to Find the Best Mortgage Lenders | GOBankingRates - Go Banking Rates

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Interview Mortgage Lenders


When shopping around for the best mortgage, it’s a good idea to meet with more than one lender. Finding one you can establish a personal connection with can make it easier for you to communicate with them.


You should speak to at least two, but no more than three lenders, said Whitney Fite, president of Angel Oak Home Loans in Atlanta. This way, you’ll have a chance to build rapport and find out with whom you’ll likely have the best relationship, said Fite.


When you meet with a lender, you should know your credit score and if there are any errors on your credit report, said Kevin Quinn, senior vice president of retail lending at First Internet Bank. It’s also a good idea to know how much you can afford for the home and how much of a down payment you can make so the lender can give you personalized recommendations, said Quinn. You should be able to get more accurate mortgage rate quotes this way.




How to Find the Best Mortgage Lenders | GOBankingRates - Go Banking Rates

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