From CommunityDispatch.com

Credit and Money Management
Looking for the Best Mortgage ?
By U.S. Federal Deposit Insurance Corporation (FDIC)
Aug 31, 2005, 06:07

 

Shopping around for a home loan or mortgage will help you to get the best financing deal. A mortgage--whether it’s a home purchase, a refinancing, or a home equity loan--is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.

 

Obtain information from several lenders
Obtain all important cost information
Obtain the best deal that you can
Remember: Shop, compare, negotiate
Fair lending is required by law

 

Credit problems?
Glossary
Mortgage shopping worksheet
For more information



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