What are the differences between going to different lenders for a Mortgage refinancing?

Question by lon m: What are the differences between going to different lenders for a Mortgage refinancing?
I am working with my original lender to refinance my house, but I’m curious as to what advantages I have of looking somewhere else. Can the rates be lower from one lender to another or does the market pretty much make it the same for all?

Best answer:

Answer by smartypants909
I have used a broker for that, a broker has access to all the lenders and can find you the best deal. The interest rates don’t differ too much between lenders, it is based more on your credit report, the lower your score, the more in interest you will pay, the higher your score, the better the rate is that is available to you.

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