Mortgage Shopping – What You Need to Know in Today’s Real Estate Market

Acquiring financing to buy a home requires shopping around for the best mortgage products for your needs. But, mortgage shopping entails more than price shopping to find the lowest interest rates and fees. Many other parts of the mortgage approval process come into play, such as appraisals and closing time frames. New Jersey Realtor, Bob Kelly, takes a look at some of the incorrect assumptions borrowers make when shopping for a mortgage and provides insight into potential pitfalls when shopping for a mortgage in today’s market.

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