FAQ's - Frequently Asked Questions

• Q: What is the best mortgage program?

• Q: Why would I want an ARM vs. a Fixed Rate?

• Q: Should I trade my ARM for a Fixed Rate?

• Q: Should I refinance my current loan?

• Q: Why would I need an appraisal?

• Q: Can I cancel my PMI?

• Q: How can I pay off my PMI?

• Q: What is the difference between PMI and FHA?

• Q: Who can qualify for FHA loans?

• Q: What is the FHA loan limit?

• Q: What is the debt-to-income ratio for FHA loans?

• Q: What are credit scores?

• Q: How can I improve my credit rating?

• Q: What if there is a mistake on my credit report?

• Q: What is involved in closing costs?

• Q: What is a rate lock?

• Q: How long will it take to apply and close a loan?

• Q: What are points and how do they work?

• Q: Why are some rates higher than others?

• Q: How do I qualify for a loan?

• Q: How do I know how much of a loan amount I qualify for?

• Q: What is a conforming loan?

• Q: What makes a loan non-conventional?

Powered by: LenderLab
Copyright©2004. T.M. Mortgage Corp. All rights reserved. Problems with this website? Contac webmaster.