A recent report in the mortgage industry has found that borrowers who take the time to shop around for a mortgage could potentially save a substantial amount of money each year. The report showed that on average, borrowers who compare offers from multiple lenders could potentially save over $2,500 per year. This finding highlights the importance of borrowers being proactive in their search for a mortgage in order to secure the best possible deal.

Key points from the report include:
– Borrowers who shop around for a mortgage may save an average of more than $2,500 per year
– Comparison shopping for mortgage rates can result in significant cost savings for borrowers
– Taking the time to explore multiple lender options is essential for securing the most favorable terms and rates on a mortgage loan.

You can read this full article at: https://www.housingwire.com/articles/borrowers-could-save-76k-over-mortgage-lifetime-by-shopping-lendingtree/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.