Saturday, July 18, 2009

Mortgage Quote Secrets - 3 Ways To Get The Best Mortgage Quotes

If you're in the process of buying a new home and are in need of a mortgage quote, read on. Today, the cost of owning real estate has come down along with interest rates, making this an excellent time to purchase a home. In this short article, we'll be discussing 3 tips for finding the best mortgage rates. Hopefully by the time you're finished reading this, you'll be better prepared to sign on the dotted line.

The first way to get a mortgage quote is through your bank. At the bank, you'll be assigned to an individual who will walk you through the application process. Also, be sure to look carefully at any and all fees on your home loan.

The second way to get a mortgage is through a credit union. Many people dread having to deal with banks, so a credit union offers a nice alternative. Once again, you'll be assigned to a mortgage broker who will walk you through the application process. Credit unions often offer better mortgage rates and terms, so this might be worth a look.

Last but not least, you can look online for a mortgage quote. There are many websites on the Internet that will provide you with free quotes, but you need to be careful who you provide your personal information to.

Hopefully this short article has provided some helpful tips on how to get the best mortgage quotes. Purchasing a new home is a big decision, but choosing a lender can be equally important. Take your time to shop around and compare lenders, your wallet will thank you for it.

By: Jason Averill

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Tag : mortgage,best mortgage,refinance home mortgage