Research mortgage companies. Choose some which you like and are reputable. You need to trust your mortgage company, since you will need to work closely with that company.
Research interest rates in your area. Different companies will have very different rates. Some may even be too good to be true, because you’ll have to pay points. When it comes down to it, you’ll need to do a lot of research and make a lot of phone calls.
Decide whether you want to pay more up front fees or more money monthly. This will make a big difference when choosing a mortgage company. Some companies have more fees but lower rates, while others have less fees but higher rates.
Once you track down the best mortgage rates and plans, choose what mortgage company has the best plan for you. Some mortgage companies have the best rates on 30 year mortgages, while others have great rates for 20 year mortgages.
Decide whether you want to do all of your interaction over the phone, through fax and through email, or if you’d rather choose a company where you go to the company’s physical office location.
Speak to a mortgage representative from the companies that you are considering. Make sure that you feel comfortable with that person. If you do not feel comfortable, speak to another representative. If you are still uncomfortable, regardless of rates, this may not be the company for you. You need to be happy and comfortable with this company, or it’s not worth working with them.