What lender has the lowest interest rates for homebuyers?
360151
I would find two or three mortgage brokers in your area.  Only have one pull your credit and send it to you.  Make sure you are comparing apples to apples though.  A great way to do that is to see what commission the mortgage broker is making.  (Make sure they include the YSP.)  The average commission in the US is 1.7% -ish  That should give you something to base your decision off of.  Good luck.
315536
I'm at Countrywide on a 5/1 arm at 5.125, but your loan is only as good as your loan officer.  Gotta listen to what your needs are and then everyone offers similar stuff - then it's how you qualify! good stuff!  I've been doing this for years.
94422
Get on the phone and get good faith estimates. It will take a while to give them all the info but may be well worth it. Get at least 5 if you really want to be sure you have a good deal. You might also try a mortgage broker, they can take your info and hook you up with the best lender they have access to for your particulars.\n\nThe problem with strictly trying for a lower rate is that someone can give you higher fees and a lower rate no problem. \n\nIf you are not financially savvy and just love crunching numbers into the wee hours of the morning with your spreadsheet program then just compare the APR of each offer. This is actual percentage rate which takes the fees into account. \n\nThe same lender can give you multiple options if you have a particular need such as fewer up front costs. They can raise the rate to lower the fees in the for of points. Then you can compare apples to apples between lenders and see who really has the best offer.
906325
Yes - Thats about what mine was when I bought my house.\n\nLook into first time homeowner or similar programs through your state, that will help you get a better interest rate with an average credit score.
1120018
Contact a Mortgage Broker.  They will have many lenders to choose from and will pick the best one for your situation.\n\nIf you're in CA, I can help.  Tom4Loans@sbcglobal.net
353503
YOU CAN GO ON DUN AND BRADSTREET'S WEB SITE AND THEIR RATE ALL BUSINESSES.  BUT, BEFORE YOU BUY RIGHT OUT, IF YOU QUALIFY FOR A MORTAGE FROM THEM, THEN YOU CAN QUALIFY ANYWHERE.  CHECK WITH YOUR CITY OFFICE AND SEE IF THEY HAVE PROGRAMS.  IN COLUMBUS, OHIO THEY HAVE A PROGRAM WHERE THEY PAY THE DOWNPAYMENT AND ALREADY HAVE LENDERS THEY WORK WITH.  ALSO CHECK FOR FORECLOSURES, HUD, AND AUCTIONS.  YOU MAY GET A BETTER DEAL.  ALSO GO ONLINE AND SEE WHAT OFFERS YOU GET.  IF YOU FEEL WORRIED ENOUGH TO ASK ABOUT THEM, MAYBE YOU SHOULD LOOK FOR ANOTHER LENDER.\n\nJJ
1074568
Not knowing your situation, I would suggest doing your homework first.   You can different rates on www.homemortgagezone.com and lowerratesnow.com/loans/refianance/Adjustable\n\nI would also check with credit unions and banks, not with just mortgage companies as sometimes you can get better rate.   Please, please read the fine lines and don't get suckered into additional cost you do not need.
595011
There are plenty of options available to you.\n\nThere is a great free report at http://www.first-time-homebuyers-loans.com that will point you in the right direction.  It is very helpful, but to big to copy it here.\n\nGood luck,\n\nGreg
583352
If you have less than a certain amount to put forth as a downpayment, you can get a reduced rate loan from the feds for your downpayment as a first time home buyer.  That won't help you in SF or NYC, where the downpayments are so enormous that the loan won't cover it, but is really helpful in lower priced real estate areas.  Your loan officer should be able to point you in the right direction.\n\nYou asked this question in the Internet section of Yahoo! Answers.  I would try posting this in the Real Estate section.  You've got computer geeks (such as myself) seeing your question here.  Over there you'll have Real Estate, HUD and Loan Officer guru types noticing your question.\n\nGood luck!
19117
Try this one\nhttp://www.hfamerica.com/?ovchn=GGL&ovcpn=11.26&ovcrn=mortgage+rate&ovtac=PPC
200636
I'm not familiar with the company, but low rate jumbo Option Arms are fairly common.  You need to find out if that's an intorductory "teaser rate", as well as the maximun Loan to value they're offering.  If they're a web based lender, make SURE you find out ALL their fees, (be very careful to scrutinize EVERY line of the GFE), and see if they'll guarantee no additional fees. That type of company tends to have extrememly high costs attached that are not necessarily disclosed from what I know from clients of mine (I'm a mortgage broker) who have either used them in the past, or checked them out.  Hope this helps.
977578
the following banks will help you out:\n\nICICI BANK  (it's called loan against property)\nCITIBANK (not advisable)\nANDHRA BANK\nKARNATAKA BANK\nCENTURION BANK\nYES BANK (not advisable)\nING VYSYA BANK (may have the best interest rates... usually undercut anyone else)\n\nhope this helps...
18884
There is not one who is actually better. i would stay away from American Express, They have lousy customer service and they hardly ever work with someone to lower interest rates.  On that note, Visa and mastercard are trademarks. It depends on the bank that they are issued from. Capitol One seems to be the front runner now, they have low interest rates and they do not charge outrageous late fees, they have a 10 day grace period before any fee is assessed. I hope that helps. I went by my own personal experiences.
177289
The standard downpayment used to be 20 percent of the purchase cost.  Times have changed dramatically.  I know NUMEROUS people who have bought homes with 0-5 percent down in the last  10 years, especially since interest rates plummeted around 2001-2002.  \n\nI just purchased a home in 2004, and we were required to put a downpayment of roughly 5% of the purchase cost. We were able to get a conventional interest rate of 5.5% at the time. Our mortgage payments have been very manageable. If you are concerned about building equity faster or saving on interest, you can always pay a little extra each month (a little goes a LONG way).  We've payed an extra $100/mo., and we've knocked 6 months off the life of our loan so far, which is huge.\n\nThese days, many, many lenders have 95-100% LTV (loan-to-value) loan programs for first-time buyers (THAT is key). You should call banks and mortage brokers in your area and ASK them if they have any 95-100% LTV loan programs, and ask what you need to qualify (there might be income restrictions, in my case there weren't any).  It's true that if you put less than 20% down, you have to pay PMI (basically mortgage insurance), but I believe the majority of new homebuyers today pay that.  It seems fairly standard.  The BEST part is that PMI is NOT permanent.  You can have your PMI payments stopped after you accumulate 22% equity in your home (which should only take a few years between your home appreciating in value, plus you making payments decreasing the amount you owe).  If you go this route, there are MILLIONS who have gone it with you, and some of us (me, included), don't regret it one bit.\n\nGetting an FHA loan is sometimes easier because your loan is guaranteed by the federal government, but they have limits on how much you can borrow. Before I ever applied for anything, I pulled my own credit report from MyFico.com, and made an appt. with a local bank rep to discuss my options. \n\nThere are three big things to prepare before you shop for a loan:\n\n1.  Make sure your credit is as clean as possible (that means do NOT open any new credit right before or during your lending process).\n\n2.  Make sure your debt-to-income ratio is as LOW as possible.  This means that you want to try to make sure you are not spending more than 36% of your income on debts like rent, car, credit cards, etc.  Some lenders might want to see that ratio a LOT lower.\n\n3.  Save for your downpayment PLUS have a little leftover for after you close on the home.  Once you get in there, chances are, you'll need the cash for repairs or to furnish the place.\n\nBest of luck to you!
286641
Since your from Canada maybe it's different here in US. But I can tell you here in the US, applying for a lender that offers refinancing and at the same time offers interest only payments are getting more and more popular. Maybe you need to try a different bank or lender to get that deal. The only way lenders will turn you down is if you exhausted already most of your equity of your house. Also, try looking into "Open Equity Line of Credit".
369971
Yes, although the most popular is an FHA loan that most mortgage bankers carry.  Go to http://www.hud.gov/ Here you will find answer to many questions as a first time home buyer.  I purchased my first property with an FHA Loan and even though the paperwork is a little more, it is the way to go due to the low down payment required.  Also look for a bank with "FHA credits" this can lower the money required at closing.
396713
If you own a home get a second mortgage on your house. Ask the loan company to refinance for a lower rate