Frequently Asked Questions (FAQ)

 

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?