Annual Percentage Rate (APR)

• What is APR and how is it calculated?

• Will the lender require an appraisal of the property? If so, will I receive a copy of it?

• What type of closing costs can I expect to pay on my loan?
• Which mortgage related closing fees will the lender typically collect from me up front?
• Which closing costs associated with my refinance are tax-deductible?
• Is it best to pay points up front to reduce the interest rate?
• What is the difference between a zero point and a no cost loan?

• I am refinancing a condo (or townhouse or PUD) and am aware that our HOA is currently in litigation with the developer. Will I be able to refinance my loan?

• What is the difference between a conforming and a non-conforming (a.k.a. jumbo) loan?

• Do I need the services of a loan agent/officer when applying for a loan?
• What is the best way to shop for a loan?

• Will I need to get flood insurance coverage to close the new loan?

• I am refinancing a condo (or townhouse or PUD) and am aware that our HOA is currently in litigation with the developer. Will I be able to refinance my loan?

• How much Homeowner's insurance coverage will I need to close the new loan?

• What is the best way to shop for insurance?
• How can I avoid having to get mortgage insurance on my loan?
• How much Homeowner's insurance coverage will I need to close the new loan?
• Will I need to get earthquake insurance coverage to close the new loan?
• Will I need to get flood insurance coverage to close the new loan?
• Why do I need to pay for another policy of title insurance when we already own the property and purchased title insurance when we bought the house?

• When refinancing investment or rental property, what is the difference in rate for non-owner occupied vs. owner occupied financing?

• What is the difference between a conforming and a non-conforming (a.k.a. jumbo) loan?
• What is a super jumbo loan and how much higher (than the average jumbo loan) is the interest rate typically?

• What documentation will the lender typically require to process my loan?
• Are there limited documentation (a.k.a. EZ doc, no income qualifier) loans available?

• Do I need the services of a loan agent/officer when applying for a loan?
• What is the best way to shop for a loan?
• What documentation will the lender typically require to process my loan?
• Are there limited documentation (a.k.a. EZ doc, no income qualifier) loans available?
• How can I avoid having to get mortgage insurance on my loan?

• What is the best way to shop for a loan?
• What is the most important consideration when selecting a loan?
• How do I determine which loan program is best suited for my personal situation?
• What is a loan prepayment penalty and is it generally advisable to get a loan that has one?

• How can I avoid having to get mortgage insurance on my loan?

• What is the difference between a zero point and a no cost loan?
• Is it possible to obtain a no cost loan when refinancing your mortgage?

• Is it best to pay points up front to reduce the interest rate?
• What is the difference between a zero point and a no cost loan?

• What is a loan prepayment penalty and is it generally advisable to get a loan that has one?

• I am refinancing a condo (or townhouse or PUD) and am aware that our HOA is currently in litigation with the developer. Will I be able to refinance my loan?

Quake Insurance

• Will I need to get earthquake insurance coverage to close the new loan?

• When refinancing investment or rental property, what is the difference in rate for non-owner occupied vs. owner occupied financing?
• Should I lock my interest rate at loan application or float the rate until closing?
• Will the lender require a fee to lock in my interest rate?
• If I decide to lock my interest rate and rates go down, will the lender give me the current lower rate?

• Should I lock my interest rate at loan application or float the rate until closing?
• Will the lender require a fee to lock in my interest rate?
• If I decide to lock my interest rate and rates go down, will the lender give me the current lower rate?

• How do I know if it makes sense for me to refinance?
• I've always heard about the 2% rule when refinancing, is it important?

• What is a super jumbo loan and how much higher (than the average jumbo loan) is the interest rate typically?

• How do I find a qualified, reputable CPA?
• Which closing costs associated with my refinance are tax-deductible?
• Is it best to pay points up front to reduce the interest rate?

• Why do I need to pay for another policy of title insurance when we already own the property and purchased title insurance when we bought the house?

• I am refinancing a condo (or townhouse or PUD) and am aware that our HOA is currently in litigation with the developer. Will I be able to refinance my loan?