Frequently Asked Questions about Mortgages
From the
New York mortgage brokers at Centennial Mortgage
These frequently asked mortgage questions can be answered on the phone by a New York mortgage broker. These mortgage questions, or FAQ, or FAQs, are just the tip of the iceberg when it comes to mortgage FAQs, so we recommend that you call a New York mortgage broker in New York about home loans because a mortgage broker can answer all your questions about mortgages.
What are the most commonly made mistakes in buying or refinancing a house?
Should I refinance?
Should I pay points? Does a 0 point/0 fee loan really exist?
What is a FICO score?
Why do interest rates change?
What is the difference between pre-qualifying and pre-approval?
What is a rate lock?
Can my loan be sold? What happens if my lender goes out of business?
What is PMI? Can I get rid of the PMI on my loan?
What is an APR?