Finding the right mortgage is a difficult task.  You have to choose the right mortgage that will suit your individual needs and financial capacities.  Here is a number of easy and simple ways to help you find the right mortgage:

1. Research other loan types before making a decision.
2. Consider seller financing.  Aside from poor credit, a seller may want to finance the loan to negotiate a better interest and to avoid mortgage insurance.
3. Get an existing mortgage.  You can take over an existing mortgage to possibly avoid fees charged by the brokers.  It can also have a lower interest rate compared to what the real estate market is currently offering.  Just make sure the mortgage is transferable and you’ll need to cover the original and current value of the home.
4. Change the details of your mortgage by negotiating and adjusting the points and mortgage length.  If you have a clean credit history, you can reduce the interest rate by negotiating.  Use different loan calculators to find out what will happen if you adjust to a 15-year loan from a 30-year loan.
5. Consider a seller concession.  This option will depend on you because it will have a higher mortgage and higher house appraisal.
6. Consider paying the principal to speed up the percentage of the house you actually own.