which real estate lenders are the best and offer best rates?

Answer 1

All lenders just about offer the same mortgage products. Get your telephone book and call a mortgage broker.

He will want to complete a mortgage loan application with you in order to obtain a credit report.

This credit report will determine the type loan you get, with few exceptions, the higher the credit score the lower your interest rate.

Now the things that can change those factors are the type of loans you select.

If you select a no income verification, or no assets verification, you interest rate goes up. If you select both your interest rate will go up a little bit more.

There are many documents need to complete you loan application, but I will get you started, you will need the following items. You mortgage broker will give you a complete list of needed items.

#1 A complete month of pay stubs from each person that will be on the mortgage.

#2 Two (2) year federal income tax returns

#3 Six months of your bank statements to include statements from your 401k plan of your employer.

I hope this has been of some use to you, good luck.

"FIGHT ON"

Answer 2

Why not try a lending tree and get some offers then you may notice that they are mostly the same- Mortgage brokers can do this research for you I suggest you find a REALTOR that you trust and ask them to refer a good mortgage broker-their job is to find the best deal for you. They do get paid by the lender to help out too though so be smart about this and do your research! Good luck

Answer 3

That is homework best done in your own locale. I suggest you visit with several lenders in your area to see what programs they have and select the one that best suits your finanical goals. I caution folks using the internet lenders, as they won't be available if something goes wrong.

Answer 4

The ones that tell the truth and don't play games with uninformed consumers.

The ones with access to numerous lending sources like Mortgage Brokers.

The best rates are available only to the best credit scores.

Don't set yourself up to be taken advantage of. Know that noone works for free, but understand how they charge and are getting paid for doing your loan.

Don't go shopping for "No Cost Loan" and expect that you are getting a loan free of fees.......it's a marketing gimmick that serves only to identify potential customers ripe for the picking. There are reasons for getting a no fee loan......but it's not to save $.

Learn more

OBA™

Answer 5

try www.nemoves.com, they get great rates, ask for rick harrington on the website