For most people, purchasing a home is their largest investment. There are many things potential home buyers should consider when shopping for a mortgage lender such as the interest rate, fees and lender's reputation. Before you start house hunting, visit your bank to pre-qualify for a loan. When you begin house hunting or have found a house you wish to purchase, begin shopping for a loan by using your local newspaper and telephone.
Some newspapers run comparative mortgage rate charts each week in the real estate section.
If you have any questions, feel free to e-mail Missouri Bankers Association .