Should I choose the lender with the lowest interest rate and costs?
There are primarily two things to consider when choosing one lender over another:
the quality of service being provided and the cost of services provided. Quality
of service is especially important to those who have never purchased a home.
First-time home buyers will likely have many questions regarding the financing
process and available loan options. When comparing lenders, ask each lender
several questions before you fill out any loan application. A good lender should
be able to get you through the financing process leaving you confident that
you made a sound financial decision. If after a few questions you do not feel
comfortable with the lender, simply call someone else.