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Courtesy of CENTURY 21 Johnston Company, REALTOR®
Ten Questions to Ask Your Lender
Be sure you find a loan that fits your needs with these comprehensive questions.
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What are the most popular mortgage loans you make? Why?
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Which type of mortgage plan do you think would best for us? Why?
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Are your rates, terms, fees, and closing costs negotiable?
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Will I have to buy private mortgage insurance? If so how much will it cost and how long will it be required? NOTE: Private mortgage insurance is usually required if you make less than a 20-percent downpayment, but most lenders will let you discontinue the policy when you’ve acquired a certain amount of equity by paying down the loan.
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Who will service the loan? Your bank or another company?
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What escrow requirements do you have?
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How long is your loan lock-in period (the time that the quoted interest rate will be honored)? Will I be able to obtain a lower rate if they drop during this period?
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How long will the loan approval process take?
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How long will it take to close the loan?
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Are there any charges or penalties for prepaying the loan?
Used with permission from Real Estate Checklists & Systems, www.realestatechecklists.com.
Click here for printer-friendly format
Contact Us
PLEASE CALL LYNN KOCH (956-245-9229) FOR ALL YOUR REAL ESTATE NEEDS IN ARROYO CITY, & THE SURROUNDING AREAS
Reel 'Em In Grand Slam Retreat: Rental Reservations call Lynn Koch @ 956-245-9229
Ashleigh, Jade, or Jolin: Rental Reservations call Cynthia @ 956-281-1591
ALL RENTAL PROPERTIES ARE MANAGED & SUPERVISED BY LYNN KOCH
Reel 'Em In Grand Slam Retreat: Rental Reservations call Lynn Koch @ 956-245-9229
Ashleigh, Jade, or Jolin: Rental Reservations call Cynthia @ 956-281-1591
ALL RENTAL PROPERTIES ARE MANAGED & SUPERVISED BY LYNN KOCH
Contact Information
CENTURY 21 Johnston Company, Realtors®
FOR RENTAL INFO. CLICK ON CONTACT US
Arroyo City/Rio Hondo, Texas 78583
Phone: 956-245-9229
Fax: 956-748-2561
E-mail: Click here / Website: ARROYOCITYREALESTATETX.COM
Equal Housing Opportunity. This material is based on information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and should not be relied on as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.
FOR RENTAL INFO. CLICK ON CONTACT US
Arroyo City/Rio Hondo, Texas 78583
Phone: 956-245-9229
Fax: 956-748-2561
E-mail: Click here / Website: ARROYOCITYREALESTATETX.COM
Equal Housing Opportunity. This material is based on information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and should not be relied on as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.
