1. How long will I own this property?
(The shorter the stay the more you should search for minimal closing costs at the cost of a slightly higher rate).
2. Is there a type of loan that makes me feel most comfortable?
Some people want to know that their payment (P&I) will never change (fixed rate).
3. Does it matter to me who services the loan (where and to what group am I making my monthly payment)?
4. If given the choice, do I want to do my own escrow accounts or would I prefer the lender handle this matter?
5. Do I want a "brand name" lender (one I know) or am I willing to try a company that's new to me?
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