Is a lender with a lower interest rate always the way to go?

[Jack B.]

Paid cash for my first house then financed my last two with the same broker. Right now he can get me 4% while Sebonic claims they can get me 3.7%. Their reputation is meh, though. As an alternative, I could get 3.87 from AIMLOAN, however; is it worth it?

It's a 483K purchase. It's about 14K difference over the life of the loan. So I ask, is it worth it switching lenders?

One thing I like about my broker is he is very knowledgeable and he answers the phone. I've even been in a bind on the weekend needing a pre-approval letter to go along with an offer and he was on vacation out of state and hooked me up in minutes. Part of me wants the lower interest rate, but part of me wants the guy who I know has gotten it done without problems in the past and is available to me as my lending expert damn near 24/7.