When you are choosing a mortgage, there are some important questions you need to ask your lender. You need to make sure the terms of your mortgage match your expectations and your requirements.If you know the right questions to ask the lender, you could avoid an expensive mistake when buying your home.What Home Loan Options Do You Have Available?While all mortgage lenders offer fixed-rate and adjustable-rate mortgages, the terms they offer won't be exactly the same.Do they offer the type of loan program you are looking for? Do they have FHA, VA, or USDA loans available?If you want a conventional mortgage over something other than 15 or 30 years, does this lender have those options available?How long is the fixed-rate period on their adjustable-rate mortgages? If you expect to move out o...
Comments
5