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Mortgage 101

General information about how to get a loan process. Here are the questions: 

  1. Let’s say I decided to buy a home. What should I do the very first thing if I want to buy a house with a mortgage? 
  2. What is the difference between pre-approval and pre-qualified? 
  3. Do you have to check my credit score? 
  4. What should buyers be prepared for when applying for a loan? 
  5. What are the points? 
  6. What are different loans out there to buy a home? Should I pick it? 
  7. If I am buying a home for the first time and don’t have 20%, can I buy it? If so, is there any way I can avoid PMI? 
  8. Is there any down payment assistance program? 
  9. If you don’t have any credit history, what documents do I need to get a mortgage? 
  10. How long does it take to get a mortgage? 

Please see my video to get answers of all these question and even more information about the mortgage process.