Which bank offers the best 30 year fixed

Your question is a common question, but the reality is all lenders are essentially the same. We all get out money from the same source on the same day at the same time. All your costs are essentially the same. We all have to charge the same basic fees (appraisal, credit report, title company or attorney, underwriting, etc). Real true rate differences are extremely minor... maybe .125%. Why you see bigger differences is because of how people advertise, and how lenders cover costs, and their profit margins. Your best deals are NOT at banks. Your best deals are today, and have always been by using non-bank lenders and brokers.

Great Question - Joe is correct about comparable rates and fees. The lending regulations over the last few years has really leveled the playing field in this area. So this begs the question: "Why would I choose one Lender over the other?". Even though we all work from simular rates, there are several ways to structure a loan to best meet your personal goals and objectives. I would talk to your Realtor and get a referral to an experienced Lender that offers multiple products and takes the time to listen to your needs to ensure you are in the BEST loan for YOU!!!! Best of luck to you!!!!

Like others have stated, the rates are very similar for many lenders, so finding a lender that you feel comfortable working with is important. Getting a referral from your Realtor or from a friend can help you find a good lender. Shopping around is key in order to see what lender can offer you the best rates as well as what lender you feel the most comfortable working with. We are a licensed lender in California - feel free to give us a call at 858-605-0952 for a free, no obligation quote.

Well, the inside news is not many. If they do, it takes a long time since they make no money off of you. Nowadays, direct lenders can beat Banks more often than you think. Wells, BofA,Chase are not the panacea of great rates. Some direct lenders who offer rates from Wells and BofA as a banker beat Wells and BofA's retail rates all day long. Let me backtrack. It depends on the product though. I know Chase has great rates for multifamily.

The cost of money is the same for every lender in America.. how much each lender is willing to charge will vary.. in an open market, each lender can charge as they will, but typically, the big banks, with larger overhead will be priced higher than non-bank lenders and brokers... Best advice I can give you would be to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com