How to Compare Mortgage Lenders Using Loan Estimate? With the ever-growing competition, it is essential now than ever to make sure you have the right lending partner. The best way to get the best deal from the market is to compare mortgage lenders using the loan estimate from different lenders in a proper manner. Today we will discuss how to compare mortgage lenders using loan estimates. This would help you to not only get the best deal for your new purchase or refinance but also help you to save a lot of money in the long run. How To Choose a Mortgage Lender? When it comes to choosing your mortgage lender, the rule of thumb is to select the lender with the lowest rate. This is a no brainer, right? However, to stick to the market regulations, many lenders now offer you the same rate. You would be most likely to run into a scenario where you will find many lenders quoting you the same rate. When this happens, y...
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