1 / 1

Questions To Ask Your Loan Officer

FirstCommunityMortgage
Download Presentation

Questions To Ask Your Loan Officer

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. QUESTIONS TO ASK YOUR LOAN OFFICER Buying a home is a big financial decision. It is important that you understand the mortgage details involved with financing a home through your preferred mortgage lender. Below are some questions for you to ask your loan officer. What Loans Do You Offer? There are many mortgage loan types such as Conventional Loans, VA Loans, FHA Loans, USDA Loans, etc. Ask your loan officer what loans they offer and choose the one that best suits your needs. 01 What Will My Interest Rate Be? It is important to inquire what the interest rate will be for your mortgage. The interest rate is calculated by dividing the amount of interest by the amount of principal. The total interest amount will also depend on the loan tenure. 02 Are There Any Prepayment Penalties? Some borrowers choose to make advance or early payments on their mortgage loans. If you would like the ability to pay early, make sure to ask your loan officer if there are any prepayment penalties involved. 03 What Are The Closing Costs? You will be required to pay certain fees to your mortgage lender for the services they provide. So ask your loan officer to give you an estimate regarding the amount of closing costs that you will have to pay. 04 107 W. Hwy. 190 Copperas Cove, TX 76522 254-542-5100 2201 Trimmier Rd. Killeen, TX 76541 254-680-6158 14641 S. Padre Island Dr., Ste. B Corpus Christi, TX 78418 3106 S. WS Young Dr., Bldg. D, Ste. 402 Killeen, TX 76542 254-953-7000 361-949-4647 10961 Gateway Blvd. West, Ste. 200 El Paso, TX 79935 915-843-2681 1320 N. Zaragoza Rd., Ste. 111 El Paso, TX 79936 915-858-1996 8426 Fountain Circle San Antonio, TX 78229 210-340-0404 7348 W. Adams Ave., Ste. 200 Temple, TX 76502 254-771-0020 2422 E. Main St. Gatesville, TX 76528 254-248-0029 1980 E. Baseline Rd., Ste. 103 Tempe, AZ 85283 480-752-3110 201 E. Central Texas Expwy., Ste. 1600 Harker Heights, TX 76548 254-680-6155 5290 McNutt Rd., Ste. 105 Santa Teresa, NM 88008 575-589-4706 100 W. Central Texas Expwy., Ste. 300 Harker Heights, TX 76548 254-690-3765 www.fcmloans4u.com

More Related