Mortgage Info
Do you know what type of mortgage will suit you and the type of property you would like to purchase? There are many loan programs available. It is important to know how not only you will qualify but also the property requirements for the programs.
- Get the rate and terms in writing. Ask for a good faith estimate of all costs.
- Share your main mortgage goals to see which programs the lender can offer to meet those goals.
- Ask if escrow accounts are required.
- Predict lender accessibility during loan processing by asking for a direct line.
- Verify lender accessibility by getting a call back number. Call them to see how long it takes for them to get back to you.
- Ask about processing support.
- Confirm processing time. This makes it easier to set a reasonable closing date.
- Ask if they will attend the closing and how quickly funding is available.
For more information please contact a loan officer today!
For information on credit scores, here are some helpful links:
Equifax
