Online Mortgage Quotes
You can walk into a mortgage broker's office and get a mortgage quote. You can do the same thing with your bank or credit union. You can also call around. Some mortgage lenders will give you a quote over the phone.
For the ultimate in convenience you can now get online mortgage quotes: 24 hours a day, 7 days a week.
Many sites offer mortgage quotes. You can get a single mortgage quote from a single lender. You can also find sites which will allow you to get multiple mortgage quotes from multiple mortgage lenders, who are competing directly for your business.
You can get quotes by searching on the terms "mortgage quote" or "compare mortgage quote". These searches will lead you to sites that will either give you one or multiple quotes and click on the links above to get started.
Remember that the quoted mortgage rates are partly based on your mortgage quotes in order to get the best rate. Therefore, to reduce credit inquiries you can order your own report from the credit reporting agencies and provide it to lenders. You can also ask a lender for a copy once they have requested it. If you don't want a lender to check your credit be sure to tell them before you request the quote and be prepared to provide your credit file to them yourself.
How do you get mortgage quotes from the right lenders? Be prepared to shop around for mortgage quotes. While the Internet can save you some footwork and help you do comparison-shopping, don't discount your local credit union, which may not have a website. Be sure to check some of your local lenders through the phone directory or local newspaper. You might find that small local lenders may be very competitive and much more willing to provide you with better options in order to get your business.>