Finding Your Family's Home Sweet Home

Finding a Mortgage

Mortgage interest rates can vary substantially from lender to lender, so it’s a good idea to do as much comparison-shopping as possible before committing yourself to one bank. Keep in mind that your credit score is affected negatively each time a credit check is performed, so it’s best to narrow your choices to two or three banks before allowing your credit history to be reviewed.

Use the Internet to compare common interest rates of various lenders, and then check with your own bank or credit union to find out if they will be competitive. Most lenders will favor their own depositors with better interest rates than the average bank, but make sure you get a complete estimate of application and processing fees, since closing costs can vary from bank to bank and are often higher at institutions with lower interest rates.

Say Goodbye to Buyer’s Remorse

Once you’ve committed yourself to buying a home, trust that you’ve made the right decision. Don’t let your sentimental feelings for your old neighborhood, home, or child’s school interfere with what should be a happy time of anticipation and excitement.

If you’ve made it past the period of attorney review and have been through local inspections without any sign of trouble, chances are that all of your preparation for home buying has paid off. Embrace the idea of your new home, look forward to meeting the new neighbors, and celebrate the next exciting chapter in your family’s life together.

Take a few photographs of the home you’re leaving, put them in the scrapbook, and pack up! The future awaits!