Deciding which type of loan is right for you can be just as important as choosing a house.
When it comes to finding the perfect home, it’s important to put in the legwork and shop around until you find a house that meets your needs. Researching loan options is usually a lot less fun than hitting up an open house or two — and that could make comparison-shopping fall off your radar. Sound familiar? You’re not alone — 47% of homebuyers don’t compare lenders when shopping for a home, according to the Consumer Financial Protection Bureau (CFPB). And 77% of borrowers end up applying for a loan with only a single lender or broker. READ MORE