I have written a best seller called Buying a Home: Don't Let Them Make a Monkey Out of You. You can read it for free with your Amazon Prime account, if you have one. There's a whole chapter on this.
Rates change on a daily basis so you have to be sure that you're shopping for loans on the same day. There are two ways to shop. First way is to fill out an application with the various lenders and compare the APR of each loan. The cheaper the APR, the cheaper the loan. Another way is to take a GFE that you have and give it to other lenders to see if they can beat it. Again, look for the lowest APR. Keep in mind that lenders are committed to the pricing that quote on the GFE, within a small margin. Any quote you that isn't on this document is worthless.
Your better deals with be through a reputable broker, not a bank. Credit unions can be good sources of cheap money, but not always. Shop around.
Good luck and congrats on the new house!
Don't Let The Make a Monkey Out of You! Follow the link below.
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I work with lenders that will lend in the high 580-600. However, there are many factors though and not many lenders will lend w scores that low. Be careful and make sure you work with a reputable lender. Many will tell you they can do anything and when it comes down to it many can't.... more
Our office, Classified Realty Group has three single units available at the Greens at the Thomson Country Club. Would you like more information? Please email me: Maureen@classifiedre.com or call 617-281-4615. Thank you, Maureen... more
22 Ridgeway Rd. House is coming back on market in next few weeks. Happy to work with you now. Holly Welsch from Remax is listing broker. We have great contemporary home with an open floor plan. Brand new Owens Corning finished basement, we are in private lot at bottom of cul de sac. New interior and exterior paninting, new driveway. House is in great condition. There are photos online here if you want to check it out.... more
Single Family Listings: 11 Average List Price: $500,945 Average Market Time: 117.27 Average Sale Price: $489,064Home Value Report for North Reading, Massachusetts, November 2011.In November 2011, there