Need help choosing home loan
 

Hey guys, I need some help on choosing which loan company I should get my house loan through. Do you guys know of any good ones? It's my first house I'm buying. Any feedback or recommendations will be great.

I would shop around and see who's got the best fixed interest rate.

Since this is your first house, you may be able to get a lower rate if you take out an FHA (First-time Homeowner) loan, but I would still look at all options.

The loan company is not a problem, the APR and the years. You should get a FIXED APR and that is what you want to look at. You can take a loan with a company and before you make your first payment they will sell your mortgage to some other bank.

However, check with your locals banks, right now I have Wells Fargo at 5%. I even heard 4% for other companies. :dunno:

Are you a Veteran?

No, I'm not a Veteran. Yea i figured the same. I applied to a couple and I'm waiting to hear back from them.

Todays rates
 

Around 4.75-4.85% fixed 30yr.

It probably doesn't matter who you go with since the loan will be sold several times :roflpuke2:

:rofl2: