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Ask Your Mortgage Lender These Questions
Manage episode 368114550 series 3012587
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No matter how prepared you are going into an early meeting with your mortgage lender, there’s bound to be something you forget to ask. Everyone will have their own set of questions that pertain to their homebuying process, but there are a few that we encourage everyone to ask and get answered.
Here’s some of what we’ll discuss in this episode:
0:00 – Intro
2:08 – Market update: inflation data & debt ceiling
6:46 – Main topic: Questions to ask your lender
8:10 – Question 1: If interest rates decrease, can you offer a lower rate after loan is locked in?
10:35 – Question 2: Will you be able to provide payment and cash to close numbers on homes we’re interested in?
12:18 – Question 3: Is the rate guaranteed?
16:21 – Mortgage mailbag: Does pre-approval hurt my credit?
CONTACT:
Schedule a time to meet with Bill here.
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info.
Call: 484-352-4151
Check us out on YouTube: https://bit.ly/3KbUxAF
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