
Starting the application process can be very overwhelming. Begin with these questions. In my book I go into more detail but this will get you started on a good foot!
Here are four key questions when applying:
1. What is the maximum LTV (Loan-to-Value) available based on my qualifications (for refinances or purchases)?
2. What is the minimum down payment required based on my qualifications (for purchases only)?
3. In addition to thirty- and fifteen-year terms, do you also have ten-, twenty-, and twenty-five-year loan terms?
4. Do you have both fixed- and adjustable-rate programs available?
Nice post, thanks.
Thanks for the useful info. It’s so interesting