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How to Choose a Bank for a Mortgage

how to choose a mortgage

by Lynn Burbeck

Do your research before choosing a bank for a mortgage.

Consider your options when deciding which bank to choose for your mortgage. Options include local neighborhood banks, national institutions such as Wachovia and Bank of America, and credit unions. If you have a high level of trust and respect in your current bank, begin your search by contacting their mortgage department and asking about their current interest rate and mortgage options.

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