Check your credit score and correct any errors before applying
Compare rates from multiple lenders on the same day
Get quotes for the same loan type, term, and down payment
Ask for the annual percentage rate, not just the interest rate
Compare lender fees, points, and closing costs
Request a Loan Estimate from each lender
Consider mortgage brokers as well as banks and credit unions
Ask about rate locks and how long they last
Review discount points and whether buying them makes sense
Compare fixed-rate and adjustable-rate options
Look at total monthly payment, including taxes and insurance
Verify lender reputation, service, and responsiveness
Submit applications within a short time window to reduce credit score impact
Negotiate if one lender offers a better deal
Read all terms carefully before choosing a lender