How Do I Compare Mortgage Lenders?

Comparing More Than Rates

Most buyers assume comparing lenders means comparing rates. While important, the biggest differences often show up in areas you won’t see on a rate sheet.

What to Look For

1. Accuracy of the Quote

Is the rate real, or is it simply a marketing teaser?

2. Fees and Transparency

Lower fees aren’t always better if surprises appear later.

3. Communication

Do they respond quickly? Do they explain things in plain English?

4. Local Knowledge

Dallas contracts move quickly. You need someone who understands the local market.

5. Closing Speed and Reputation

Realtors know which lenders close on time. Their recommendations matter.

The Best Question to Ask Any Lender

“What will this look like for me over the next five years?”

A good lender will answer clearly and make the process feel manageable.