A local Realtor can direct you to a lender that will take good care of you, one that is honest and knowledgeable and one that will listen to your needs and has your best interest in mind, and then compare.

Stephan,
Shop around and do your homework. Always, always, always ask for a good faith estimate. You want to make sure you're comparing apples to apples. Some lenders charge a loan origination fee up front and some don't. Some lenders will let you buy your rate down...this is a great option if you are asking the seller to pay your closing costs. Lets say you asked for $8,000 in closing costs but it only ends up costing $6,500. Well, rather than that $1,500 go back to the seller, the lender can use it to buy your rate down.

A good agent should be able to direct you to a trustworthy lender or you can probably go directly to Wells Fargo, Bank of America or another direct mortgage lender. Whoever you use, its a good idea to use a loan officer who is local to your area....someone you can meet face to face if needed. Hope this helps!!

Mortgage brokers are typically able to get you the best rates on your mortgage, as they deal in wholesale mortgages through banks. Depending on the scenario, and particularly the loan amount, it might make alot of sense to deal directly with a broker. If you need any help or have any questions, feel free to contact me. We have a couple of clients in CA that we are dealing with right now and I have plenty of sources to do loans in your area.

Kellen Gracey
Mortgage Specialist
BayBurg Financial
Office: (954)764-7064 (ext 211)
Toll Free: (866)230-9050 (ext 211)
Cell: (386)237-7231

While there are many excellent mortgage brokers and lenders available to work with, because you do not buy and sell homes every day it is difficult for you to know for sure who to trust. Find a realtor you trust. Realtors work with all different mortgage companies and banks every day. Therefore, they can help direct you to those who have a trusted and respected reputations.

There are many excellent mortgage brokers and lenders avaialable to work with. Your local real estate agent/broker will be more than happy to give the names and contact information of several excellent lenders.