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 …
Servicing information and errors If you have a question any time during the life of your loan, or if you believe your servicer has made an error, you can send the company a written request for information or notice of an error, as explained below. The company is required to respond to you. For more …
What To Do if You Have Questions about Your Loan Read More »
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 is a Good Faith Estimate In the loan application process, the loan originator (your lender or broker) at your local Choice Lending Corp office in Downey will need a few items from you. They will ask for your full legal name, Social Security number, gross monthly income, property address, estimate of the value of …
