With the economy in its present shape, finding a mortgage company granting credit can be tough. Looking for home loans can be daunting to be sure. Finding the loan that is right for your needs is like running through a maze, where is the correct loan? Do you need an FHA loan, or a conventional loan? Any bank worth their mettle will be able to answer all your questions, like Aurora loans for example. Do your homework so that when you do get your home loan there will be no surprises. Know about ARM’s, amortization, APR and an assumption clause. When your loan officer talks to you about the terms it is very important to know what he is saying. The worst thing you can do is nod your head as though you understand, and then five years later find out you have a balloon payment due. Home loans can be difficult to understand and this is your home, a place where you can raise your children and somewhere you will want to grow old in, so do not muck it up. Once you have done your homework, prove it by getting an A when dealing with a mortgage company. Show them you know what you want and that you understand what he is saying. Go to a company you are familiar with, to a place like Aurora loan, or whomever you have chosen. Be smart, be proactive and most of all be happy that you made the right decisions when getting a home loan.