Frequently Asked Questions (FAQ)

• What are the most commonly made mistakes in buying or refinancing a house?

• Should I refinance?

• Should I pay points? Does a 0 point/0 fee loan really exist?

• What is a FICO score?

• Why do interest rates change?

• What is the difference between pre-qualifying and pre-approval?

• What is a rate lock?

• Can my loan be sold? What happens if my lender goes out of business?

• What is PMI? Can I get rid of the PMI on my loan?

• What is an APR?