When most homebuyers begin the process of shopping for financing, they begin their search by comparing interest rates. While this is probably as good a place to start as any, there are several other factors that need to be considered.

Whenever there is a closing on a real estate transaction there will be closing expenses. Lenders, Appraisers and Closing Attorneys will all charge fees for there services. It is critical that the homeowner understands what the fees are and what they cover. These fees can be paid by the homeowner or the lender may absorb many of them.