If you are shopping for a mortgage loan it is often difficult to know which loan is best for you. You do not have to be a financial wizard to find a good mortgage; you simply have to know what to look for. Here is what you need to know to find a good mortgage.

Many people assume you have to have good credit in order to get a good mortgage. This is simply not true; if you take the time to do your homework you can find excellent mortgage offers even with poor credit. You will need to shop from a variety of mortgage lenders and brokers to find the best mortgage for your situation.

You need to understand all of the fees associated with the mortgage offers you are considering. Many homeowners make the mistake of just looking at the interest rate for the mortgage offers they are considering. If you neglect to compare all of the other fees and closing costs for each offer you will most likely overpay for your mortgage.

Lender fees and closing costs are subject to negotiation. Be sure and ask each lender for a