Your Mortgage Tips - Part 2

Dear Kate, I'm preparing for my first mortgage. I don't know what to expect. Can you help me? Jonathon

Hi Jonathon, Here's the thing about getting a mortgage. It isn't something you do often. So feeling like a fish out of water is normal. But hey, I have good news! Here are 12 mortgage tips leading to a successful mortgage journey. Today I'll cover 3 and 4. Check back often for the next 8.

Tip 3 Yacking vs. Questioning: If you have the gift of gab, small talk comes naturally. But even for those of us who marvel at our natural ability to converse, asking the RIGHT questions can still be a challenge.

So I have compiled questions for you to ask while interviewing lenders. I call it Qualifying Your Lender

Tip 4 Comparing Fruit: 4% is 4%... or is it 5? You know what I'm talking about if you've seen a good faith estimate, right? To know if you are getting the best mortgage rate possible, it's important to first understand mortgage closing costs. Otherwise you might end up comparing tomatoes to avocados.

Go here for the most important question to ask about mortgage closing costs. Do it now! How else will you know if you're getting a good deal?

Get the rest of your mortgage tips and other answers here

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