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Q. What determines my loan amount?
A. Determining your loan amount consist of many factors:
- Program you choose
- Discount points
Q. What are points?
A. Purchasing points allow you to lower your interest rate.
Example: A $100,000 loan, it would cost you 1% or $1,000. A point costs 1% of the total loan amount.
A point will reduce your rate by as much as .25 basis point.
Q. What type of mortgage should I get?
A. Choosing what type of mortgage can be an exhausting task. That’s why we make it easy for you. Fill out our
Quick & Easy form and a loan consultant will discuss the many options we have available.
Q. Should I refinance?
A. It depends on your financial needs at the time. If you want to cash-out, second home, investment, college for
kids, decided to stay in your existing home or just changing that adjustable mortgage to a more secure fixed rate.
Talk to our many loan consultants waiting to help you.
Q. What is a fixed-rate mortgage?
A. Fixed rate mortgage loan is that the rate and mortgage payment remains the same for the duration of
the term you’ve chosen.
Q. What is an adjustable rate mortgage?
A. Adjustable loan rate remains fixed for the duration you’ve chosen. Then adjusts annually, 6 months or 1 month
depending on the product.
Talk to our many loan consultants waiting to help you.
Q. Who should I call if there is a problem with my loan?
A. Please contact your loan consultant with any questions that you have.
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