10 Questions You Should Ask Your Mortgage Broker Ep268

10 Questions You Should Ask Your Mortgage Broker Ep268 Youtube What questions should i ask a mortgage broker? if you’re dealing with a mortgage broker there’s some questions that you should ask both on your first meeting. If you’re dealing with a mortgage broker there’s some questions that you should ask both on your first meeting with the mortgage broker and throughout working with your mortgage broker to make sure that you’re getting the best service possible. i’m going to go through 10 different questions that you can ask your broker to make sure you.

10 Questions You Should Ask Your Mortgage Broker Mortgage Suite Each discount point is equal to 1% of the loan amount. for example, two points on a $100,000 loan would cost you $2,000. points, which are tax deductible, buy down the interest rate, so the more points you pay, the lower your interest rate. sometimes, lenders charge origination fees, which are upfront fees charged for processing a mortgage loan. To find the best lender for your purchase or refinance, contact several banks, brokers or mortgage companies and ask for quotes. have a conversation with a loan officer at each one. 10 questions. Loan origination fees are frequently between 1% and 2% of the total loan amount, which could be up to $5,000 on a $250,000 loan. ask your broker if any lenders they work with offer reduced fees. don’t hesitate to ask them to get you fee estimates and to compare lenders. 9. 8. are there restrictions on a mortgage? this is one of the most important questions to ask your mortgage broker, particularly if you are planning on flipping your property in the future. not all mortgages are portable, and some require early payment charges (epcs) before you can end your mortgage on a property.

Questions You Should Ask Your Mortgage Broker Lionsgate Financial Group Loan origination fees are frequently between 1% and 2% of the total loan amount, which could be up to $5,000 on a $250,000 loan. ask your broker if any lenders they work with offer reduced fees. don’t hesitate to ask them to get you fee estimates and to compare lenders. 9. 8. are there restrictions on a mortgage? this is one of the most important questions to ask your mortgage broker, particularly if you are planning on flipping your property in the future. not all mortgages are portable, and some require early payment charges (epcs) before you can end your mortgage on a property. Finding a mortgage broker is relatively easy, but getting the right one for you will not always be so simple. below are 10 questions you should ask when talking to prospective mortgage brokers and. Working with a mortgage broker can ensure you get the best possible deal. but it can be difficult to know just what you should ask to make the best possible decision. in this article, you'll learn the top mortgage questions you should ask to be as prepared and knowledgeable as possible.