I read an article the other day in Realtor magazine that said over 50% of buyers do not shop for their home loans. Why not?? Would you buy a car without comparing other dealerships to see if you can get a lower interest rate or deal? The answer is probably, no, so why not “shop” for your home loan as well? A home purchase is probably the biggest investment you will make in your life and a fixed interest rate plays a big part in your monthly payment. For example, if you are buying a $100,000 home and putting down 3.5%. Your loan amount will be appx $96,500 (if you do not roll in up front PMI). At a 5.5% interest rate principal and interest will run about $548/mo, but at a 4.75% rate it’s $503/mo. Over the course of a 30 year loan that’s a $16,200 savings! So do your homework. Call me for a list of reputable lenders who will work for your business. And let me handle negotiations to get you the best price on the home you’re buying. It’s a win-win.