8 smart moves to score the best possible mortgage

Negotiate lower fees on your home loan

Mortgages come with a bewildering and expensive array of expenses: loan origination fees, administrative fees, title insurance, settlement charges and so on.

You can save big by negotiating reduced fees with your lender or asking the seller to pay some of them for you.

Other ways you can save money: Pick your own surveyors, appraisers, insurers and inspection services rather than relying on the those recommended by your lender; close near the end of the month to save on prepaid interest; and make sure the costs on your Good Faith Estimate (GFE) and the settlement papers match up.

In all, those fees you'll pay once your deal is finalized can add 3% to 6% to the price of your home, depending on where you live.