When applying for a mortgage, it’s recommended to apply to one to three reputable mortgage lenders, including your own bank and a mortgage broker, to compare offers. While rates are important, the relationship with the loan officer is crucial since they guide you through the process.
Choose someone you feel comfortable asking questions and making financial decisions with. Applying to too many lenders can cause confusion due to excessive information. Ultimately, select the lender who offers the best deal and whom you feel most comfortable with.
