Something that matters more in this regard is the process. It should be perfect, and here goes the list of quick guide for shopping for FHA & VA mortgage loan online:
- Search the Internet for an online mortgage company using major search engines like Google, Yahoo or see online yellow pages.
- Identify your needs, i.e. do you want to make a purchase or VA loan refinancing.
- Know the approximate loan amount and property value.
- Answer questions online regarding your needs.
- Print out a list of mortgage interest rates and loan points.
- Fill out an application online and submit.
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