Mortgage Information

Mortgage: Questions a Buyer Should Ask Their Lender

How do you decide which lender is best for you when buying in the Killeen, Harker Heights, Copperas Cove areas? There is a lot more to the mortgage process than getting a good rate. High costs in fees and poor service can come as very unhappy surprises.

Here's a list of suggested questions you might ask a lender:

• How large is your company, and how long has it been in business?
  
• Are you a licensed mortgage broker or loan officer in Texas?
  
• Tell me about all loan fees. What fees must I pay up front? what fees will I have to pay at closing?
  
• How can you assure me I won't pay any unnecessary "add-on" fees?
  
• Do the costs you are quotign include the lender origination fee?
  
• What are your interest rates?
• What documentation will I have to provide

For a comprehensive list of questions to ask your mortgage lender, contact Larry.

Does the mortgage process sound overwhelming? Part of Larry's commitment to service includes complete representation. Larry will review and assist you through every step of the mortgage process, he will be available to answer all of your questions.