i am refinancing my home, should i keep the

[astatine]

same mortgage company? My friends husband offered to do the paperwork, but would i benefit from having the same mortgage company do it or outside help? i was told by the mortgage company that if i keep them and do the financing with them i will save more. is this true? please help.

[Cali Girl]

Work with a few mortgage companies and get the Good Faith Estimates and compare what the cost are going to be. If the mortgage company your are with is telling the truth, you will see it in the numbers!

[musicabc]

This is easy. I used to be a mortgage officer. All you need is to get 3 quotes from the best sources. See one below. From both online and phone call. No need to do face to face initially. They will quote you the rate. Here are the important tips. Ask for APR rate (this includes all the closing costs) and the points and standard fee. The lowest APR should be considered.Other things include no prepayment penalty and if the rate would be locked in. A unlock rate (means it may change when you close the loan) is a trap and loan people can make a lot of money at your expenses. Take care.

[puppethead007]

Hell no! Look at what Its going to cost you. Out of pocket money. and look for the lowest percentage rate. What each company is offering. Most of the time they just sell your loan to another company.

[Mark M]

If the lender you worked with before is trust worthy and you had a good experience with them then go back to them. You can always find someone to give you a better rate no matter how many times you get a loan and look around but can you find awesome customer service and someone who is looking out for your best interest? Go with the person you trust and that you would refer to your friends, family members and co-workers.