How do I find a mortgage lender?

Finding the best mortgage lender comes down to doing your research. Reading online reviews and speaking directly with lenders can be incredibly helpful when making a decision. Comparing the annual percentage rate (APR) that lenders quote you is also important. The lower the APR, the less money you’ll spend on costs and interest over the course of the loan term.

How do I find a mortgage broker?

Similar to finding a lender, it helps to do your research when seeking the right mortgage broker for your personal and financial situation. Searching online, reading reviews and asking your real estate agent, friends and family are great methods for connecting with local brokers.

Can I work with a broker and a lender at the same time?

It’s possible to hire a mortgage broker while also doing lender research on the side. However, it may be unnecessary to do both – a broker’s job is to compare mortgage lenders so you don’t have to. If you want more control over comparing lenders and interest rates, hiring a mortgage broker may not be necessary.

Mortgage Lenders Vs. Brokers