Mortgage Tips,HUD1,GFE

Yesterday you may have read the blog post on questions to ask yourself before applying for a mortgage. Here are 5 additional that you may want to think about before you go into your meeting with your loan officer. Here are questions 6-10 that you may need to get answers to before completing your application: 6. How Long Until We Can Close Our Loan? Loan closing times are based on a number of factors. Closing dates may be delayed if there are missing documents or other underwriting delays. Speak with the loan officer to get an estimate on the time…

If you are considering applying for a refinance, it is important to understand the mechanics of your mortgage loan. Before you sit down to speak with your loan officer, you should consider preparing a list of questions you feel may need to be answered. Typically, your loan officer will be available to assist through the entire mortgage process. Here are some questions that you may need to get answers to before completing your application: 1. What Type Of Loan Is Best For Me? Your loan officer can discuss the various loan programs available to help you refinance. Some borrowers will…