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Mortgage Center FAQ's

FAQs

Mortgage FAQs
Yes! Mortgage Center offers programs with lower down payment options. These...    [Read More]
Certainly! Put their years of experience to work for you! Our loan experts are...    [Read More]
Both a home inspection and an appraisal are designed to protect you against...    [Read More]
No!  Getting started before you find a home may be the best thing you could...    [Read More]
Know local sales prices – Ask your agent to check comparable home sales...    [Read More]
The first step in deciding which program is right for you is to take a realistic...    [Read More]
Your credit standing impacts many of the financial and life decisions that are...    [Read More]
Our goal is to have your loan ready for closing as soon as possible! Generally...    [Read More]
The first step in buying a house is determining your budget. There’s an...    [Read More]
In addition to your down payment, you will need funds to cover the associated...    [Read More]
According to the situation and Mortgage Center policies and guidelines, we generally...    [Read More]
Unless you have signed Mortgage Center’s Escrow Waiver Agreement, real...    [Read More]
When determining whether or not to buy a home, you’ll want to consider...    [Read More]
Yes there are special items to consider; buying a foreclosed home is much different...    [Read More]
As a first time homebuyer you may be wondering if you need a real estate agent...    [Read More]
No homeowner wants to be unpleasantly surprised to discover is that their newly-purchased...    [Read More]
There are many advantages to homeownership:  A sound investment –...    [Read More]
You can expect great service! You can get started online by completing our online...    [Read More]
There are “4 C’s” of a loan approval. Capacity –...    [Read More]
To determine the value of the property you are purchasing or refinancing, an...    [Read More]
For your initial pre-qualification we'll ask questions about your income,...    [Read More]
A real estate broker who exclusively represents the buyer’s best interests...    [Read More]
Mortgage Center will set up an escrow account to collect funds for the payment...    [Read More]
PMI or Private Mortgage Insurance is provided by a private company to protect...    [Read More]
Mortgage Center was established by Credit Unions as a CUSO in 1990 as a way...    [Read More]
This deposit is charged for access and review of your credit and / or property...    [Read More]
Even if you have a fixed rate mortgage the monthly payment amount may fluctuate...    [Read More]

Looking for a Home:

Buying a Home:

Applying for a Mortgage:

The Mortgage Process:

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