Frequently Asked Questions

1.    What are the most commonly made mistakes in buying or refinancing a house?

2.      Should I refinance?

3.      Should I pay points? Does a 0 point/0 fee loan really exist?

4.   What is a FICO score?

5.      Why do interest rates change?

6.      What is the difference between pre-qualifying and pre-approval?

7.      What is a rate lock?

8.      Can my loan be sold? What happens if my lender goes out of business?

9.      What is PMI? Can I get rid of the PMI on my loan?

10. What is an APR?