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Saturday, July 12, 2014

Mortgage Tip: 10 Great Questions To Ask Your Lender

1- Will you provide me some real estate agent references?

2- Does your firm underwrite their own morgtages?

3- Is your company FHA approved?

4- Explain APR to me so I can understand it.

5- How often has rates been changing in this markt?

6- Do I need a 30 year fixed, or another type of loan?

7- Why should I use you?

8- Should I put a minimum down payment?

9- Will you explain the benefits of up front Mortgage Insurance?

10- How much home do I qualify for, even if I want to start with a lower number?

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