Should I choose the lender with the lowest interest rate and costs?

There are three important things to consider when choosing one lender over another one:

• Excellent Reputation – Check out the time in business, testimonials, reviews, and the Better Business Bureau rating before committing to a lender. And make sure that you are dealing with an FDIC insured bank and not a mortgage broker. Mortgage Moon, powered by Bank of England Mortgage, an FDIC insured bank, who has been serving the needs of customers since 1898, received the highest 5 star rating with Zillow, Yelp, Facebook, and Bankrate. In addition, we also have an A+ rating with the Better Business Bureau. There are hundreds of outstanding reviews from our raving clients. Read them here: Testimonials

• Quality of Service – Especially for first-time homebuyers who will have many questions about the total financing process and available loan options. Finding a lender with outstanding service skills that you trust will comfortably guide you every step of the way, so ask questions, even before you fill-out an application. At Mortgage Moon, our entire staff is federally licensed in accordance with the federal government’s S.A.F.E. Act. We have built a strong reputation as an outstanding mortgage banker, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the country.

• Cost of Services – The interest rate is only one aspect of a loan. It’s important to ask potential lenders upfront what they charge for their services and any fees involved. They should be able to give you facts and get you through the financing process so that you feel confident knowing that you made a good decision by choosing them. We have access to a full range of mortgage programs and all of our lending specialists are dedicated to finding the right loan with the best rates, terms and costs to meet your unique needs. Through Mortgage Moon, you not only have access to the best loans available in the marketplace, but you can also review loan alternatives, and can even apply for your loan, at your convenience, online.