When comparing mortgage offers, one of the most important places to look is Section A of your Loan Estimate. Here’s why. Shopping for a mortgage involves more than finding the lowest interest rate. Two lenders can offer the same rate but charge very different mortgage lender fees. Those differences can add thousands of dollars to […]

Mortgage Interest Rate vs. APR: What’s the Difference? A lower mortgage interest rate doesn’t always mean you’re getting the better deal. Here’s what borrowers should understand before choosing a lender. When shopping for a mortgage, you’ll typically see two percentages on your Loan Estimate: the interest rate and the Annual Percentage Rate (APR). These numbers […]

How to Compare Two Mortgage Loan Estimates Comparing two mortgage Loan Estimates? Getting a low mortgage rate is important. But the lender offering the lowest interest rate isn’t always offering the best deal. Two Loan Estimates can show the same loan amount and even the same interest rate while having very different upfront costs. That’s […]