14 Questions To Ask A Mortgage Lender
Author:
Hanna KielarFeb 6, 2024
•12-minute read
If you’re a first-time home buyer, you might be wondering what questions you should ask when talking to a mortgage lender. We’ve gathered 14 essential questions to ask your mortgage lender or broker so you can rest easy knowing you’re prepared for the road ahead.
1. What Will My Fees And Payments Be?
As a home buyer, one of the first things you need to think about is your budget. Knowing how much home you can afford can help you narrow your home search and keep your expectations realistic. When you ask your mortgage lender how much home you can afford, they’ll review your income, assets and credit.
After analyzing your financials, your mortgage lender will provide you with the potential cost of your monthly