Navigating the Application Maze

Real estate

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?

2 Responses to “Navigating the Application Maze”

  1. Mike says:

    Nice post, thanks.

  2. JamesD says:

    Thanks for the useful info. It’s so interesting

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