I recommend working with a mortgage broker, as opposed to a bank or other lending service, Good Brokers not only know policies and histories of local lending agencies, but they know individuals within the different institution, and their knowledge and connections they will be able to get you the best deal possible. Find one whose commission is paid by the bank, it's one bill you should not have to foot.

Best Regards,
Alessandra Marx
alessandra@elikaassociates.com
http://www.elikaassociates.com

Comparison Shop is always the key. But, the best deal also means a reputable mortgage broker who will deliver what he/she promises and who will give you the 'best' not only in terms of your immediate needs (getting the house), but also the deal that fits your long term goals. Get referrals from your friends or families. If you have a trusted Realtor, he/she should have a team of reputable mortgage brokers they work with, ask them if they have somebody to recommend. If you need help, just give me a call..... -

Your Realtor is a resource. He or she should have a network of lenders and mortgage brokers that they have worked with before and know provide great service. As in the previous question, your best deal hinges on what your goals are for homeownership. Making your goals known is paramount to getting the best deal.

I always introduce up to three lenders and ask my clients to meet with all of them and find the one that can explain the process better and take the time to educate the client on different options.

The best way to go about finding your best mortgage options is to contact a mortgage broker. They have access to many lenders who offer various mortgage options that can be tailored to suit your own personal needs.

Your agent can refer you to one or more lenders or mortgage brokers who will assist you with this. The Best Deal may not always be the lowest interest rate to start. Your situation should be fully discussed so a broker can help you decide if you need a 'deal' for just a few years, or if you need the security of a fixed rate for a longer period of time. It all depends on your unique situation. Frank Howard Allen is affiliated with North Coast Mortgage, and there is a North Coast Mortgage agent in the Petaluma Office for clients' convenience.

I suggest talking with two or three local lenders. Don't simply base your decision on cost - use the lender whom you feel most comfortable with. Realtors typically like to work with a few lenders on a regular basis because they realize the value of a good, reputable lender who will not drop the ball and will get good rates and minimize costs.