15 Mortgage Questions to Ask Your Lender | GOBankingRates – Among questions for mortgage lenders, this one is important. The two basic types of mortgages are fixed and variable rate. A fixed rate has the same interest rate for the term of the loan, which might be 15, 30 or even 40 years. With a fixed-rate mortgage, your payments remain the same for the life of the loan.
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Find the Right Mortgage and Lender With These 10 Questions – Scott not only brings a seasoned perspective on what questions to ask each prospective lender, but he also has insight on those questions you might not think to ask, but should! So without further ado, here is the list of key questions Scott recommends and why. Keep these handy while you’re shopping for a mortgage lender and a mortgage.
3 Questions Your Mortgage Lender Can't Ask You – SmartAsset – If a lender tries to feel you out to see if you’re suffering from any serious health problems or questions you point-blank about a disability, that’s a violation of your legal protections. Your age is another factor mortgage lenders can’t use against you.
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When determining how much you can borrow, lenders may consider your income level compared with debt, your employment status and your credit history. Talk to a lender about getting prequalified for a mortgage before you start shopping for your new home. 1 This can make the whole experience go more smoothly.
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Top 10 Questions to Ask a Mortgage Lender: Do You Know Them. – Weekend Images Inc./iStockWhat are the best questions to ask a mortgage lender before you lock in a home loan? If you want to find the very best mortgage for your needs, it pays to not automatically go with the very first lender you see. "You need to shop around to make sure you’re getting the best
Top 15 Mortgage Questions Answered | DaveRamsey.com – Knowing the answers to your mortgage questions can empower you to make smart decisions, whether you’re buying your first home or interested in refinancing your current mortgage. Common mortgage questions. learning about your different mortgage options before you meet with a lender can help you get the best deal on a house that will benefit.
Mortgage Questions | We Have Answers | First Lenders Mortgage – Mortgages are not always the easiest products to understand. But understanding your mortgage is important. We have dedicated this section of our website to offer information that will help you understand mortgages, mortgage terms and other bits of information.