Buying a home is one of the largest purchases a person makes in their lifetime, so it is important to choose the right mortgage lender or broker to ensure you get the best deal and experience possible. Here are a few things to look for when shopping for a mortgage.

1. Make sure to compare interest rates: Rates can vary significantly between lenders and brokers, some lenders have added fees like an application fee, admin fee, or other so-called junk fees. Also make sure you are comparing rates on the same day, as rates fluctuate constantly.
2. In addition to rates, you should also compare closing costs. Make sure you understand all the fees involved and factor them into your decision. You can speak with your loan officer to discuss their fees. It would also be a good idea to discuss the fees with your attorney.
3. Customer service: good customer service is essential when working with a mortgage lender or broker. Look for someone who is available to take your calls when you have questions during the process. Make sure they are helpful and easy to work with. You can also check their reviews online.
4. Reputation: A good reputation is important and something you should obviously look for when choosing a lender. Check out the company’s reviews to make sure they are reputable.
5. Experience: Lastly you should consider the broker’s experience in the mortgage industry. Look for brokers that have been in business for a while and have a proven track record of successfully helping borrowers obtain mortgages.