When doing your comparison shopping for lenders consider that lenders can structure financing in many ways:
Charge higher fees, and offer a low interest rate.
Charge a higher interest rate with lower fees.
Ask each lender what their interest rate is for a zero discount point loan that’s based on a 30-day or 60-day lock period.
Ask each lender what they charge for an origination fee.
Ask each lender what they typically charge for a loan, i.e. fees for brokers, processing, underwriting, etc.
NMLS: #218312 | Company NMLS #1838
Terms, conditions & restrictions apply. Subject to underwriting approval. Application required; not all applicants will be approved. Property insurance and other documentation may be required. Loan secured by a lien against your property. Consolidating or refinancing debts may increase the time and/or the finance charges/total loan amount needed to repay your debt. Fees and charges may apply, and may vary by product and state. Taxes & insurance extra. Appraisal and other fees paid outside of closing (POC) are non-refundable. Important information relating specifically to your loan will be contained in the loan documents, which alone will establish your rights and obligations under the loan plan. Call for details.