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What is the best way to compare rates from lender to lender?

April 26, 2017best compare Lender rates

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What is the best way to compare rates from lender to lender?

4 Answers

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At ARS we have many Approved Lenders. This enables us to shop around for you and find you the best rate available.

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When shopping for rates, we suggest that you get a Good Faith Estimate from all lenders you are shopping and compare rates and fees (i.e. apples to apples). This ensures that there are no hidden costs or fees and allows for a fair comparison between lenders. You may also want to compare the APR on the Truth in Lending Statement. This indicates the total cost of doing the loan. The lower the APR the less cost associated with the loan.

0

Posted

When shopping for rates, we suggest that you get a Good Faith Estimate from all lenders you are shopping and compare rates and fees (i.e. apples to apples). This ensures that there are no hidden costs or fees and allows for a fair comparison between lenders. You may also want to compare the APR on the Truth in Lending Statement. This indicates the total cost of doing the loan. The lower the APR the less cost associated with the loan.

0

Posted

When shopping for rates, we suggest that you get a Good Faith Estimate from all lenders you are considering and compare rates and fees (i.e. apples to apples). This ensures that there are no hidden costs or fees and allows for a fair comparison between lenders. You may also want to compare the APR on the Truth in Lending Statement. This indicates the total cost of doing the loan. The lower the APR the less cost associated with the loan.