How to Compare Lenders for Your VA Home Loan
When you're a Veteran looking to buy a home with a VA loan, it's important to compare lenders before you choose one. Not all lenders are created equal, and some may offer better interest rates, fees, or customer service than others. Join our team of Vetted VA experts as we discuss everything you need to know about comparing lenders to insure you are working with an expert with competitive terms.
A few key points we discuss:
--Interest rates: This is the most obvious factor to consider, but it's not the only one. You'll also want to factor in the lender's fees and closing costs.
--Fees: Lenders charge a variety of fees, so be sure to compare them carefully. Some lenders may charge origination fees, appraisal fees, or other fees that others don't.
--Closing costs: These are the one-time costs associated with closing on a loan. They can vary depending on the lender and the property you're buying.
--Customer service: You'll be working with your lender for a long time, so make sure you feel comfortable with them. Ask about their customer service policies and get references from past customers.
--Experience with VA loans: Not all lenders have experience working with Veterans, so be sure to choose one who does.
By following these tips, you can be sure to find the best lender for your VA home loan.
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