Are you aware that mortgage rates are determined by lenders and not the Federal Reserve? It is important for you, the homeowner, to realize that reserve rates serve as a benchmark of how much the lender would earn if no money was leant to you. When lenders adjust their rates in parallel with reserve rates, they are ensuring that the premium they make from this difference is maintained. Furthermore, large lenders spend billions of dollars on marketing efforts and developing brick-and-mortar banking locations to attract potential customers like you by using the premium they earn off their higher rates and fees. This is a winning proposition for them, but a losing one for you.

We realize that it is important that you save as much as you can instead of putting that hard earned money into your lender's pocket. The lenders market is a very competitive environment, and smaller lenders will often provide lower rates to offer you their business even if that translates to them making less money than the larger lenders. Is a dollar from XYZ Lenders Incorporated worth any less than a dollar from a big bank? Absolutely not. This misperception is created through the billions of dollars that large institutions spend on advertisements, all in an attempt to make more money off homeowners like you.

Being homeowners ourselves, we realize that finding a high-quality lender is extremely important for you. We highly recommend that you spend a few minutes of your time and use our premier lender matching service to match your specific loan requirements to thousands of lenders, supplying you with rate quotes instantly from up to four lenders that are best suited for you. From there, all you have to do is compare and choose the lender that offers the most competitive rate. All it takes is a few minutes of your time, requires no social security number, comes without any obligations, and best of all, it's free! You have nothing to lose, and so much to gain. Good luck and we wish you the best in finding the best lender for you.