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#1 “What is your interest rate?” This is a very important aspect of shopping for a loan, but just asking about rates can be misleading. There are lenders. 1. What's the difference between a fixed and variable rate mortgage? · 2. What are the Central Bank's mortgage lending rules? · 3. What documents do I need to. In this article: · What is a mortgage? · How do I find a mortgage banker? · What's the difference between pre-qualification and pre-approval for a mortgage? Do you have mortgage questions? We can help! Here you can find the answers to several frequently asked mortgage loan questions. Podcast: Answering our Top Five Mortgage Questions · What is PMI and why might I need it? · Do you offer first-time homebuyer programs? · What is my minimum down. Yes and No Answers to Mortgage Loan Questions · Can I Buy a Home With an FHA Mortgage Even if I Have Owned a Home Before? · Do I Have to Sell My Current Home to. One of the worst things you can do when you're buying a house is to go into your mortgage blind. Questions are your number one comparison tool. Knowledge application - use your knowledge to answer questions about mortgage financing · Interpreting information - verify that you can read information about a. It depends. If your spouse will be a co-signer on the home loan then the lender will want to look at their credit score, and it may affect your. You probably still have questions about how to get a home loan so you can move into the house of your dreams. Download our mortgage basics ebook, which breaks.
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mortgage related questions and get FAST answers from our team of underwriters. Related groups. NEW Loan Officer Group. 43K members. Join · Mortgage Loan. What is the difference between a fixed-rate and adjustable-rate mortgage (ARM) loan? · What is an "interest-only" loan? · What is an option or payment-option ARM? Waiving escrows may add a small fee to your closing costs. You can only waive escrows on. Conventional loans and when the loan to value is 80% or less. HOW DOES. Count on the fact that your loan officer has answers to • Closing costs may vary by borrower based on your mortgage loan type, property location, and other. What's the best first-time homebuyer mortgage for me? 9. What documents do I need to qualify for a loan? Should I get preapproved or prequalified? How.
Top Mortgage Loan Processor Interview Questions