There is much they will not tell you such as the worst day of the week to lock an interest rate, or how to ask for a shorter lock period. Their primary aim is to sign you up, and worry about everything later.
We do not take names, addresses, dates of birth, or social security numbers.
Yes, because Fannie Mae, Freddie Mac, and the FHA are all federal agencies, all with the same rules for lending from coast to coast. There are differences in closing procedures from state to state, but most employ the same rules & guidelines.
Yes, quite possibly. We do that by providing information about how to lock an interest rate, to ask for closing cost credits', to give a general idea of the 'junk fees' many banks charge.
Yes, by providing you with a complete set of required documents and advising you of the processing and underwriting procedures, things you would never think about.
That you will be more educated than the average borrower. Beyond that, there are no guarantees in the mortgage business, none.
Yes, The agencies that purchase mortgage from banks, Fanne Mae, Freddie Mac, the FHA, and the VA are all national in scope, therefore the lending guidelines are all the same, from state to state.
How do you know how good they are prior to applying? How long they've been with their lender? How long have they been in the business? Even if you found the best loan office in your state, our program can only help you.
