“Well, hello there, potential homeowner! Listen up, because we’re going to talk mortgage lender essentials. So, grab a cup of tea, and let’s navigate this exciting world of home buying jargon. Do you feel that adrenaline rush? No? Well, stick around, and I’ll do my best to keep things spicy.”
Choosing a Mortgage Lender: Steps, Types, and What to Know
Who do you turn to when you’re ready to make the big leap and buy a house? You have options galore, friend. From direct lenders, mortgage brokers, traditional banks to credit unions, there’s surely someone willing to take your money—I mean, loan you money. But let’s not kid ourselves, the steps to get a mortgage can feel like a Mount Everest climb. And every lender calls the shots differently: rates, fees, programs, customer service—you name it! Join me as we unravel this thick blanket of lenders and uncover just how to choose the perfect one for you.
STEPS FOR SELECTING THE RIGHT MORTGAGE LENDER
So, where to start? Let’s roll up our sleeves and dive in…
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