Your choice of mortgage lender or broker, as well as type of loan itself, will influence your settlement costs and your monthly mortgage payment. Mortgage lenders and brokers A loan originator is a lender or a mortgage broker Mortgage brokers. Some companies, known as “mortgage brokers,” may not make loans themselves but will offer to …
There are so many options now for potential home buyers when it comes to mortgage loans, refinancing and home equity/lines of credit. But how do you tell what option is right for you. Can a quick and easy app answer all your questions? Are you able to establish a relationship with a website and trust …
There are other settlement services that Choice Lending Corp of Lancaster will require for your loan. You may be able to shop for these services or you may choose providers identified on the written list you receive from Choice Lending. Let’s explore some of the settlement services below. Why Do I Need Title Insurance? Title …
Protecting Your New Home Title – Title Insurance Read More »
What Can You Afford? To determine how much you can afford, you first need to know your monthly income. Second, you will need to calculate your monthly expenses which may include credit card bills, car payments, insurance premiums and all other debts. There is a worksheet –Determining What You Can Afford– that will help you …
What Can You Afford and What You Can Preapprove For Read More »
Are You Ready to Buy a House? A home may be the most expensive purchase you will ever make. Before you make a commitment, make sure you are ready. Avoid the pressure to buy a home you cannot afford. Here are some things to consider: Are you ready to be a homeowner? It is critical …
5 Things to Consider Before Shopping for Your Home Read More »
