Quote:
Originally Posted by Great Expectations
If you go with an RD loan I would look at a couple of different mortgage companies/banks in the area. RD loans can be very good for the borrower, they can also be very good for the institution lending on them so make sure they know that you are rate/price shopping and ask for a Truth in lending statement so you can make a fair comparison.
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Uhm... good advice, but what you actually want to ask for if comparing offers is a GFE (good faith estimate), as it would have all costs and fees involved with the loan as well as the amount financed and interest rate and payment disclosure... etc. etc.