Are you planning to buy a house though you’re afraid that your budget will not meet all those necessary expenses? Don’t worry; I think you and my auntie are on the same boat. My auntie is planning to buy a house and I have heard that she will be using the money she got from her loan and serve it as a down payment I think. Mortgage plays a very important role when it comes to loans. If you loan something from a company, lender will sometimes ask for a mortgage in insure himself that you will going to pay him for your debt. However, the competition between the mortgages take place on the interest rate. So it is better to look for the best mortgage rate first before dealing with anyone. I guess most mortgage rate shopper are very aware with this.