re: Anyone used "online" mortgage lenders?

quote:

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I would check their closing costs and rates. I periodically check our mortgage guys rates/fees against the other options and he always seems to beat them.

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That's the APR. Interest rate is straight interest rate obvously, the APR which is listed online often times is the interest rate plus closing costs. On a short term loan, its very possible to be better off with a higher interest rate but a lower APR as the closing costs are more expensive for the lower rate.