How to Choose a Mortgage Lender$

Selecting a mortgage lender for your home purchase is a big decision. Here are five tips to help you find the right lender.$$$

Shop around

When it comes to choosing a mortgage lender, it pays to shop around and talk to at least three lenders. Your agent may have recommendations, but it’s best to do your own research, too.

Look for experience with situations like yours

Are you a first-time homebuyer? Do you have less-than-stellar credit? Looking for a specific loan type, like VA, USDA or FHA? Ask potential lenders if they have experience with situations similar to yours.

Read customer reviews

Customer reviews can give you great insight into what it’s like to work with a particular lender. You can search for your lender on Zillow’s lender directory to read reviews.

Get a first impression

You’ll be working closely with your lender, so take note of your initial impressions. Are they prompt to return your calls? Are they friendly and courteous? Are they willing to explain things to you?

Compare Loan Estimates

After you apply for a mortgage, lenders are required to provide a Loan Estimate. Compare each lender’s fees, interest rates, and other loan details by comparing these forms.$

Did you know you can find local lenders on Zillow?

Check out zillow.com/home-loans