We had looked into several banks for Mortgage loans when we bought our house a few years ago, and since there weren’t alot of mortgage companies to choose from then, we finally went to the bank. Being one of the largest purchase we have in our entire life, we thought we did pretty well, where the interest were concerned.
But last year, when it was time to renew our loan, we were glad that we had the opportunity to compare mortgage rate in our area and we even looked into home mortgage refinance, since we wanted to re-model our basement to renovate and turn the basement into a recreation room. Getting the best value for your loan must be the only thing any owners look for and being a smart consumer, I would definitely be doing some research.