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Shopping for a Loan
Your choice of lender and type of loan will influence not only your settlement costs, but also the monthly cost of your mortgage loan. There are many types of lenders and types of loans you can choose. You may be familiar with banks, savings associations, mortgage companies and credit unions, many of which provide home mortgage loans. You may find a listing of some mortgage lenders in the yellow pages or a listing of rates in your local newspaper.
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CLOs. Computer loan origination systems Interest Rate, "Points" & Other Fees Lender-Required Settlement Costs Resources Source:
U.S. Department of
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