When buying a home, don't rush choosing a mortgage lender; shopping around can save you thousands. Options include credit unions, mortgage bankers, correspondent lenders, savings and loans, mutual savings banks, and insurance companies. Mortgage brokers shop loans for a fee but may not always offer the best deal. Seek referrals, compare fees, interest rates, down payment requirements, and lender responsiveness. Check lender reputation via online reviews and official registries before deciding.
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