TIP #10: Negotiate Your Next Mortgage

Hopefully by now you have learned that you no longer need to give-in to the demands of your bank or financial institution. You have options and rights that you may never have realized or wanted to pursue.

It is critical that you use every resource available to you to negotiate the best rate and term possible. You owe it to yourself and to your family to save every dollar possible on this very important negotiation.  You now know how to get the most favorable repayment terms available.

You should be aware that you have the option to shop your mortgage around to a variety of lenders or have a mortgage broker shop for the best terms and rates for you.  Do not settle for the first offer that comes your way.   You negotiate when you buy a car or other items, so now you can do it with the biggest investment of your life, your home.