How to Choose a Mortgage Lender: Questions to Ask
If you're buying a home for the first time, you might be wondering what you should ask a mortgage lender. We've put together a list of important questions and a few more to ask the best home loan lenders in Colorado or broker before you sign on the dotted line for your home loan. This way, you can rest easy knowing you're ready for what's to come. What Will My Fees And Payments Be? One of the first things you need to think about as a home buyer is your budget. If you know how much you can spend on a home, you can narrow your search and keep your expectations in check. When you ask your mortgage lender how much house you can afford, they will look at your income, assets, and credit score. After looking at your finances, the best home lenders in northern Colorado will tell you how much your monthly payments might cost and break down the costs. You'll find out about your interest rate, closing costs, property taxes, and other fees that will be added to your monthly pa