Get quotes from various lenders

It is extremely important that the potential borrower do a lot of research on the different types of loans and the cost each one will be to the borrower over time. Get quotes from various lenders and play them off against each other. Encourage or even challenge them to beat one another so that the best lending opportunity for the borrower is obtained. At the same time, don't fall in love with a house. Don't believe that life won't be the same without that one pile of brick and concrete because poor money decisions can easily occur from such infatuations. Remember that after about a year of living in any house, it's just another house that needs dusted and vacuumed and its flaws will be known.