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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

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How to Choose a Mortgage Lender

  • 1. How to Choose a Mortgage Lender $
  • 2. Selecting a mortgage lender for your home purchase is a big decision. Here are five tips to help you find the right lender. $$$
  • 4. 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.
  • 5. Look for experience with situations like yours
  • 6. 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.
  • 8. 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.
  • 9. Get a first impression
  • 10. 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?
  • 12. 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.$
  • 13. Did you know you can find local lenders on Zillow? Check out zillow.com/home-loans