Some of the most frequent questions that we have received from our clients with their mortgage loan needs are listed below. Please feel free to browse through and if your loan question is not listed below, do not hesitate to contact us to have your mortgage loan question(s) answered by one of our qualified loan officers.
How is my credit and what are my credit scores?
Do mortgage companies use my gross or net income?
What is my debt-to-income ratio?
How much documentation do I need to provide?
How much can I afford as a down payment?
How much money do I need in savings?
What mortgage product is right for me?
What is homeowner's or hazard insurance?
What is an escrow/ impound account? Do I need one?
Why is the Annual Percentage Rate (APR) different than the interest rate?
When and why should I lock my interest rate?
What is Mortgage Insurance and will I be required to pay this?
