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Frequently Asked Questions

01

WHY SHOULD I USE A MORTGAGE SPECIALIST?
02 HOW MUCH DOES YOUR SERVICE COST ME?
03 WHY DEAL WITH A MORTGAGE SPECIALIST IF I CAN GET MY OWN FINANCING THROUGH A BANK?
04 WHAT ARE THE OTHER COSTS OF BUYING A HOME?
05 HOW DO I START THE APPLICATION PROCESS?
06 WHAT TYPES OF PROPERTIES ARE ELIGIBLE?
07 WHAT LENDERS DO YOU DEAL WITH?
08 HOW MUCH CAN I AFFORD TO PAY FOR A HOME?
09 HOW DOES BANKRUPTCY AFFECT MY ABILITY FOR A MORTGAGE?
10 WHAT IS A PRE-APPROVAL AND HOW DO I GET ONE?
11 APPLYING ONLINE. HOW SECURE IS IT?
12 WHAT IS A CONVENTIONAL MORTGAGE?
13 WHAT IS A HIGH-RATIO MORTGAGE?
14 WHAT IS THE MINIMUM DOWN PAYMENT NEEDED TO BUY A HOME?
15 CAN I GET A MORTGAGE TO PURCHASE A HOME AND MAKE IMPROVEMENTS?
16 HOW WILL CHILD SUPPORT AND ALIMONY AFFECT MY MORTGAGE QUALIFICATION?
17 SHOULD I WAIT FOR MY MORTGAGE TO MATURE?
18 CAN I USE GIFTED FUNDS AS A DOWN PAYMENT?
19 WHAT IS A HOME INSPECTION AND SHOULD I HAVE ONE DONE?
20 HOW MUCH DOES IT COST TO USE A MORTGAGE SPECIALIST*?
21 WHAT ABOUT PREVIOUS CREDIT PROBLEMS?

 

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*Mortgage Edge assumes no responsibility for the use or application of any comments and/or formulas on this site. Any areas concerning taxes, investments,mortgages, insurance or specific legal situations should be referred to lawyers, accountants, financial consultants, realtors or other licensed professionals, qualified or authorized to render such advice. Additionally, all concierge services are paid advertisers, and Mortgage Edge does not warrant or guarantee any work provided. All Rates are subject to change without notice and may vary based on individual application. O.A.C. Fees may apply in some circumstances on unqualified transactions.


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