Thursday, August 8, 2013

10 key questions to ask a lender | Real Estate | Smyrna/Vinings News

10 key questions to ask a lender | Real Estate | Smyrna/Vinings News




Here are 10 key questions for you to ask at application to make sure you will get the best overall Louisville Kentucky mortgage and the best possible understanding of the loan process.
  

1. What is the interest rate on this mortgage? 
2. How many points will I pay? 
3. What are the closing costs? 
4. When can I lock the interest rate?
5. What will my monthly payment be? 
6. What are the down payment requirements for this loan? 
7. What are the qualifying guidelines for this loan? 
8. What documents will I have to provide? 
9. How long will it take to process my loan application? 
10. What are some possible issues that could arise?



Joel Lobb (NMLS#57916)
Senior  Loan Officer
502-905-3708 cell
502-813-2795 fax
kentuckyloan@gmail.com

Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*

Louisville, KY 40222*