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    July 29, 2010 
 

Mortgage Companies

There are many types of mortgage companies including banks, credit unions, finance compies and mortgage brokers. Some are national in scope, some are regional and others local. The mortgage industry is regulated by state, and a company must be licensed in a state in order to offer you a mortgage. We do not endorse any lender. We simply provide you with an easy way to check them out.

The companies listed identify themselves specifically as mortgage companies. But also remember that there are other sources for mortgage financing, including your local credit union, your trusted bank or even small private lenders. Do some research into lenders of other types, too. You may get a great deal.

Here is some information about the following mortgage companies with links to their websites. These reputable companies are listed in alphabetical order:

As with any financial transaction that you are considering, it's important to read the fine print carefully. Do your homework. Your mortgage is likely the biggest debt you will ever have. Every percentage point in interest that you save yourself translates into thousands of dollars over the time it takes you to pay your mortgage off. It's worth spending some time!

Make sure any company to plan to do business with is reputable. You can look up a company with the Better Business Bureau. They are a very reputable organization and their information is likely to have been checked and validated. Rating companies are another good source of information on the mortgage lender's financial stability. However, they won't tell you what kind of personal experience an individual had. If you want that kind of information you'll have to search with consumer groups, such as the Better Business Bureau.

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