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Online Mortgage FAQ Resource

By
Services for Real Estate Pros with Eric J - Dream Home Financing

Many home shoppers are extremely confused about the mortgage process and have a lot of questions. Some of those questions can be answered via an online Mortgage FAQ resource.

 

  • What mistakes are commonly made when buying or refinancing a home?questions
  • Should I refinance?
  • Should I pay points? Does a zero point loan with no fees really exist?
  • What is a FICO score?
  • Why do interest rates change?
  • What is the difference between being pre-qualifed and pre-approved?
  • What is a rate lock?
  • Can my loan be sold? What happens if my lender goes out of business?
  • What is Private Mortgage Insurance (PMI)?
  • What is an Annual Percentage Rate (APR)?
One of the key tools on the online Mortgage FAQ resource is a chart that shows economic events (ie changes in unemployment) and how they impact mortgage interest rates.

When you are ready to move ahead with the mortgage process, I would be happy to help you by providing a FREE RATE QUOTE


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Show All Comments
John Thomas
E3 Green HOMES - Boulder, CO
EcoBroker, MSEE, MBA

Great resource Eric...thanks for the tip. Have you heard anything about a new energy efficient mortgage product? I have only heard rumors but nothing definite...just curious.

Mar 14, 2010 01:13 PM
Eric J
Eric J - Dream Home Financing - Freehold, NJ
Dream Home Financing

John, I did not hear anything yet but will be all over it once I do.

Mar 14, 2010 01:22 PM
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