Have You Found the Right Mortgage Loan for You?
Here are 6 tips to help find the right loan. Are you in the market for a home loan? Here are some questions to ask the lenders to help find the right loan. Knowing the answers to these questions will also make it easier to fill out an offer with the appropriate time frames. 1. How long will the loan approval process take? 2. How long is your loan lock-in period (the time that the quoted interest rate will be honored)? Can I get a lower rate if they drop during this period? 3. How long does it take to close the loan? 4. Which type of mortgage is best for us and shy? 5. What escrow requirements do you have? 6. Are there any changes or penalties for pre-paying the loan? Feel free to email me or call if you need more professional advice in searching for a loan. I also have a list of lenders that we have successfully worked with in the past that I would be happy to share. 603-526-4116, Donna@DonnaForest.com.
