Benefits of Shopping Around For a Mortgage Lender
Selecting a mortgage lender can be a daunting task. One sure thing about buying a home is that you don’t want to go with the first lender that comes along. Taking some time to consider your mortgage options and taking advantage of the benefits of shopping around for a new home lender can save you hundreds of dollars a year.
- Explore different loan programs: By shopping around you put each lender on the offensive. Because they realize they will have to win your business, you’re presented with a variety of loan options, and shown what each lender can offer to best fit your needs, budget and timeframe.
- Find competitive rates and fees: The one detail of the mortgage process that stays with you long after closing is your monthly payment. You benefit when lenders compete for your business. Being offered competitive rates and fees is more likely when you’re shopping around for the best deal. The savings from selecting the right loan will mean an ongoing monthly benefit for years to come.
- Receive great service: There are a lot of players in the mortgage lending game – at Beazer we’ve identified preferred lenders, such as Marquee Mortgage LLC in AZ, which will work with you from start to finish. Our preferred lenders provide great customer service and will make sure your loan is ready to close when your home is complete.
- Not all mortgage lenders are created equal: Lenders differ in many ways – from minimum credit score requirements and underwriting guidelines, to how they process and service your loan. Some will meet with you face to face, while others do most of their business by email and phone. By shopping around you can find the lender that’s right for you.
At every community, Beazer Homes has a group of preferred lenders ready to compete for your business and help you find the best way to finance your new home. Find out more about how you can benefit with Beazer Homes Mortgage Choices program when buying a brand new home.
*Content provided by Beazer Homes, a Marquee Mortgage LLC Arizona builder partner.