Helping You with Home Lending Questions
Frequently Asked Questions
Will my monthly payments change during the loan term?
How is my mortgage payment determined?
Why does it take so long to close a mortgage?
What is an escrow account?
What is a pre-approval?
What is a pre-qualification?
What documentation should I gather?
Should I get a 15-year or 30-year term loan?
What type of mortgage is best for me?
Should I "lock" my interest rate?
How much of a down payment do I need?
What are closing costs, and how much should I expect them to be?