Frequently Asked Questions

• When should I refinance?
  
• What are points?
  
• Should I pay points to lower my interest rate?
  
• What is an APR?
  
• What does it mean to lock the interest rate?
  
• What documents do I need to prepare for my loan application?
  
• How is my credit judged by lenders?
  
• What can I do to improve my credit score?
  
• What is an Appraisal ?
  
• What is PMI (Private Mortgage Insurance)?
  
• What is 80-10-10 financing?
  
• What happens at closing ?