GET CERTIFIED FREE TRAINING MATCHMAKER LOGIN BLOG

FREQUENTLY ASKED QUESTIONS (FAQs)

See below and find all the answers to the most common client questions.

PLEASE REFER ME TO A CORE7 TEAM

FAQ #1

HOW LONG DOES IT TAKE TO PROCESS A MORTGAGE APPLICATION?

 

 

CLICK HERE

FAQ #2

COULD ANYTHING DELAY THE APPROVAL OF MY LOAN?

 

 

CLICK HERE

FAQ #3

WHAT'S THE DIFFERENCE BETWEEN PRE-QUALIFICATION AND PRE-APPROVAL?

CLICK HERE

FAQ #4

WHAT DOCUMENTS DO I NEED WHEN APPLYING FOR A LOAN?

 

 

CLICK HERE

FAQ #5

WHAT IF I SEE ERRORS ON THE DISCLOSURE AGREEMENT AFTER I'VE BEEN PRE-APPROVED?

CLICK HERE

FAQ #6

WHAT IF I AM OUT OF THE COUNTRY DURING THE LOAN PROCESS?

 

 

CLICK HERE

FAQ #7

WHO ORDERS THE APPRAISAL AND THE SURVEY?

 

CLICK HERE

FAQ #8

WHAT IS MEANT BY THE TERM LOCKING MY INTEREST RATE?

CLICK HERE

FAQ #9

WHAT IF INTEREST RATES DROP AFTER I LOCK?

 

 

CLICK HERE

FAQ #10

WHEN SHOULD I LOCK IN MY INTEREST RATE?

 

 

 

 

 

CLICK HERE

FAQ #11

ARE THE REQUIREMENTS FOR THE PURCHASE OF A CONDOMINIUM THE SAME AS THEY ARE FOR A HOUSE?

 

CLICK HERE

FAQ #12

WHAT IS MEANT BUY A "ZERO- DRAW HELOC", AND WHY DOES A PAYMENT AMOUNT STILL SHOW UP ON MY APPLICATION?

CLICK HERE

FAQ #13

WHAT ARE PRE-PAIDS OR ESCROWS?

 

 

 

CLICK HERE

FAQ #14

CAN I PAY OFF MY MORTGAGE EARLY OR MAKE ADDITIONAL PAYMENTS?

CLICK HERE

FAQ #15

WHAT ARE CLOSING COSTS?

 

 

 

CLICK HERE

FAQ #16

WHAT IS THE COMMITMENT DATE?

 

 

 

CLICK HERE

FAQ #17 WHAT IS THE ANNUAL PERCENTAGE RATE (A.P.R)?

 

 

 

CLICK HERE

FAQ #18 WHAT IS INCLUDED IN MY HOUSE PAYMENT?

 

 

 

CLICK HERE

FAQ #19

HOW MUCH OF A DOWNPAYMENT SHOULD I MAKE?

 

CLICK HERE

FAQ #20

WHAT DO CLOSING COSTS INCLUDE AND WHEN DO I PAY THEM?

CLICK HERE

FAQ #21

WHAT DOCUMENTS DO I NEED TO SUBMIT WHEN APPLYING FOR A LOAN?

CLICK HERE