Are you planning to buy a home and searching for a mortgage company? Learn some of the top questions asked about mortgage companies from homebuyers like you.
Can you afford it? Will it pass inspection? You're the only one who can decide if it's the right home for you. However, your lender can answer many other questions about the mortgage. Here are a few questions to ask your lender when buying a home: ...
Whether you are working with a loan officer or mortgage broker, it is essential to ask questions. Before looking at homes, it’s wise to get your selection of a lender squared away first. Preparing to get a loan is asking your mortgage lender the right questions. When you first start loo...
To help you get all of the information you need throughout the home buying process, here are the top questions to ask a mortgage lender.
Here are the 10 most critical questions to ask a mortgage lender: 1. What mortgages do I qualify for? Learn the rest here.
lenders charge origination fees, which are upfront fees charged for processing a mortgage loan application. These fees are sometimes referred to as "lender fees," and they are generally between 0.5% to 1% of the loan amount. Ask your lender about the specifics of both discount points and the...
Before using a broker to save money, experts say to ask these four questions. Are you a self-employed borrower or a W-2 employee? Some experts recommend asking yourself a few questions before deciding whether to use a mortgage broker for your home loan. ...
that listed rate includes addingmortgage points. Mortgage points are a fee lenders charge borrowers to secure a lower-than-average rate. This couldcost a substantial amount, paid either upfront atclosingor by being added to the overall mortgage loan. So be sure to ask if the rate listed alre...
Credit Cards Mortgage Personal Loan Student Loan Banking Investing Financial Advisor Retirement Personal Finance Sign In3 Questions to Ask About 401(k) Fees Investing Money Home 3 Questions to Ask About 401(k) Fees Are you paying too much for your retirement account? Read the fine print. ...
If I've already been preapproved for a mortgage loan by Wells Fargo, how long does it typically take to close? If I have a Wells Fargo mortgage and want to refinance, will I have to pay closing costs again? What is an origination charge?