Top 10 Questions to Ask a Mortgage Broker in Los Angeles

Top 10 Questions to Ask a Mortgage Broker in Los Angeles before you proceed with a mortgage. Questions to ask your mortgage broker or lender before you proceed with a mortgage.


Top 10 Questions to Ask a Mortgage Broker in Los Angeles

When speaking to your mortgage lender or broker, you want to ensure they are reputable and knowledgeable about all of their services. Explain your current financial situation: Including your monthly income, what are your other substantial monthly expenses, and what can you ultimately afford.  

  1. Which loan is best for my situation? 
  2.  Is the mortgage fixed rate or an ARM?
  3. What Are All the Costs involved?  
  4. What is the total Loan Estimate? 
  5. Do You Offer Loan Rate Locks? 
  6.  What is my monthly mortgage payment ?
  7. Does the loan have a prepayment penalty?
  8. What is the minimum down payment required for this loan?
  9. Do I have to pay mortgage insurance, what will it cost?
  10. Do you have alternative mortgage programs with lower rates that I qualify for?

Our mission is to be unique, all inclusive and exclusive in providing excellent service and unparalleled representation to each client and organizational member that in return will retain a relationship of trust and longevity.

Millenial Real Estate Company in Los Angeles

Voted Top 10 Real Estate Producers in the USA

What Millennials Want ArticleWhat Millennials Really Want From a Realtor by The Close Magazine. An inside look on what millenials look for when working with real estate agents.

We are a leading Millenial realtor agency with Millenial realtors in Los Angeles that have leverage modern communications means for a modern paced life.

Your Full Service Real Estate Agency 2018

Connect with IEI

We'll Get Back To You in The Same Day!

Call Now