Finding a mortgage in Nashville
Mark Lambie
We did a quick search on Nashville mortgages brokers and found a lot of them. I'm talking about 50+ throughout the state of Tennessee. Would you really want to spend the time contacting them all searching for the best rates? Of course not. Here's is what I did last month when I was searching for a loan.
Step One: I had a meeting with a recommended broker, you can also request a meeting with your favorite Nashville bank and setup a meeting to discuss what types of things you are looking for in a mortgage. Then ask him to prepare a quote for you outlining the mortgage and what the payments will be like.
Step Two: I went online and filled out a few applications at mortgage quote sites. Over the next few days I was contacted by a few lenders with a quote.
Step Three: I compared all the quotes I received and found out I could save $150 dollars a month by going with one of the loan companies that contacted me. You can also use the quotes provided online to negotiate a better deal with a local mortgage Nashville lender. You could explain that lender A is offering a better deal and ask them to match it. You would be surprised how often this can work. Lenders want your business and will tailor a plan to your specific needs to get it.
There are many sites available online that allow you to get quotes from multiple lenders. My favorite site is The Loan House. You can get a Nashville mortgage quote in less than 2 minutes.
About the author:
Mark Lambie is the founder of The Loan House a website that allows consumers to quickly and easily get home equity mortgage information.
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