Menu Home Why Use A Buyer's Agent? General Information The Home Buying Process The Loan Process Real Estate Documents Community Information Selling Your Home Current Available Property Information Request Form Contact Info. Buyers Best Choice Marilyn VanSteenberg Phone:  (303) 738-1287 Fax:  (303) 738-1288 E-Mail Me

Questions to Ask a Lender Do you have a list of references? What is your rate with "0" discount points? How long can I lock in the rate at no cost? What are your Closing Costs? (Quoted as a dollar amount) Do those closing costs include the following? Appraisal Recording Fees Origination Fee Lender's Title Insurance State and Local Recording Fees Underwriting/Processing Fee Document Preparation Fee Home Owner's Association Fees Escrows for taxes, insurance, and home owners fees (if applicable) Credit Report Survey Title Closing Fees Tax Service Real Estate Taxes Hazard Insurance Can you fax me a good faith estimate of all costs? What is the fee for an extended lock-in term? How long will it take to process my loan and receive commitment for loan approval? Will you be present the day of closing? How much is my up-front PMI (Private Mortgage Insurance)? May it be financed into my loan amount? How much is my monthly PMI payment going to be? (Quoted as a $ amount and as a percentage to the loan amount) Do you have an alternative loan program to circumvent the payment of PMI? Are there any pre-payment penalties? If there are, call another lender! IF YOU ARE PUTTING DOWN 20% OR MORE, DISREGARD QUESTIONS 10 and 11. Print This Page                                                                                                                                             Return to Top of Page Buyers Best Choice is a true Personal Service Real Estate Agency located in Colorado. Web Design by Amaasing Designs