04/29/2022
Always do your due diligence when looking for lenders. Make sure to ask them these questions.
✅ What are the most popular loans you make? Why?
✅ Which type of mortgage plan would be best for us? Why?
✅ Are your rates, terms, fees, and closing costs negotiable?
✅ Will I have to buy private insurance? How much will it cost, and how long will it be required?
✅ Who will service the loan? Your bank or another company?
✅ What escrow requirements do you have?
What other questions do you think would be beneficial for a borrower to ask a lender?
Share your thoughts in the comment section below.