1. We all get our money from the same place. Some underwriters are a little more lenient than others. But, basically, the rules are consistent through the process.
2. When shopping, look for a lender who is easy to communicate with and who is available for you to communicate to. Be that by phone or by email or by text, believe it or not some of my clients are best with texting. Works for me as long as we are COMMUNICATING.And...with whom are you talking? I am the only one who talks with my clients. My processing staff will no t be contacting you. You hired me...thats with whom you talk.
3. You are going to be working with this person for a few months, make sure you like them and are comfortable with them and you trust them. This is a stressful process and you do not need personality conflicts to make it more stressed.
4.Remember...a rate is not a rate until you are ready to lock it in. You may find one lender much lower than everyone else...and that may mean that they are hedging the market and 'hoping' that rate stays low for you.
Best of luck!
Whether you start by contacting a RealtorÂ® or a Mortgage Broker/Banker be sure to obtain a "True Pre-Approval" See: http://www.Steven-Anthony.com/GettingStarted
Some of the key differences between lending sources (based on my personal experience) are contained in this post:
"Retail Banks vs. Mortgage Broker/Bankers"