Checklist: Mortgage Rates: A Beginner’s Guide
Print this page or keep it open while you talk with lenders. These questions relate to the guides on this site.
- How long will I keep this loan?
- What is the worst-case payment under the caps?
- Could I afford that payment?
- Am I relying on a future refinance?
- Would a longer fixed period fit better?
Before any application
- Verify the lender and loan officer on NMLS Consumer Access.
- Ask for a Loan Estimate and compare it with at least one other.
- Never send documents or wire funds based only on an email request.