Mortgage FAQ

Our goal is to provide the information you need to make buying your home easier and less stressful.  Below are some frequently asked questions about the home buying process.  Simply click on the questions below for answers, or if you don’t see your question, type it in the “ASK” box in the top right hand corner of this page.

• What is a pre-approval and why do I need one?
• How much do I need as a down payment to qualify?
• What are closing costs and how much are they?
• Can the sellers pay for my closing costs?
• If the sellers are not paying my closing costs, then how are they paid?
• How much will my monthly payments be?
• What are the tax advantages of owning a home?
• What are points?
• What is the difference between an appraisal and an inspection, and what is required?