Get Home Mortgage Offers From Several Lenders

Most lenders don’t have standard loans that are set in stone. More often, they have a loan package that they can tweak. Knowing this, you should shop around and get multiple offers from different lenders. We’re not saying to get 50 offers from 50 different lenders, but get at least two or three so you feel confident that you have a complete picture of the loans available.

If you know you want a 30-year fixed, don’t let lenders try to sell you a 5/1 ARM. Instead, tell them you want a 30-fixed loan with specific options that are important to you. Mention that you will compare their offer to the other 30-year fixed loan offers you’ve received. Having multiple loans with the same basic criteria allows you to logically compare your offers.

Next


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+