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Crazyhellga t1_jbbx53g wrote

I got a preapproval right away because I knew I was going to move fast. Also, renewing it was no big deal - just gave my banker a call and he emailed me a new one with the updated date and amount.

I went with Quicken Loans because it was easy. Also my Mom is an accountant at a relocation company and she said they were good and reliable. Worked for me…. Had Citibank for my previous mortgage because my employer banked with Citibank and that gave us a break on closing costs.

When you compare lenders, don’t just think about rates but also closing costs. I also pay extra principal every month to save on interest m. Even extra $100 per month makes a noticeable difference in the long run…

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677536543 t1_jbdq9ir wrote

Paying extra toward principal is the way to go. We're fortunate enough to do $500 extra a month and it's cutting 7 years off our mortgage and saving us interest in the long run. We're about 3 years in, so only 20 years to go now.

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