Frequently Asked Questions About the Mortgage Process

What Should I Ask A Prospective Lender?
The following are good questions to ask a mortgage lender:

• How long have you been in the mortgage business in this area?
  
• If I get my mortgage here, how likely is it that my mortgage will be serviced here or sold to another lender for servicing?
  
• About how many days will it take to get my mortgage processed?
  
• Would you please provide me with a written "Good Faith Estimate" outlining closing costs and interest rates if I were to get a mortgage from your company today?

BACK