Michigan Lakefront Properties

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9053 Mathews Road, Spring Arbor, MI 49283

Local Jackson area number: (517) 563-8470

The Lake Lady

(888) 301-5020

Lender Comparison Chart

Use the following worksheet when you shop for a lender to help you remember the important questions to ask. When comparision shopping, you can save time if you provide the loan officer with some basic information such as: the amount you need to borrow, the sales price of the home, and the type of mortgage you wnat - fixed or variable rate. To get a fair comparison of costs, be sure to give each loan officer identical information.

MORTGAGE LENDER COMPARISON WORKSHEET
LENDER #1 Name _________________ Address ______________ Phone ________________ Contact ______________	LENDER #2 Name _________________ Address ______________ Phone ________________ Contact _____________	LENDER #3 Name _________________ Address ______________ Phone ________________ Contact _____________
Interest Rate ________% Down Payment $ _______ Points _______________ Fees _________________ A.P.R. _______________ Processing Time ______ Rate Guarantee _______	Interest Rate ________% Down Payment $ _______ Points _______________ Fees _________________ A.P.R. _______________ Processing Time ______ Rate Guarantee _______	Interest Rate ________% Down Payment $ _______ Points _______________ Fees _________________ A.P.R. _______________ Processing Time ______ Rate Guarantee _______
ADJUSTABLE RATE MORTAGE Periodic Caps _______% Lifetime Caps _______%	ADJUSTABLE RATE MORTAGE Periodic Caps _______% Lifetime Caps _______%	ADJUSTABLE RATE MORTAGE Periodic Caps _______% Lifetime Caps _______%


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