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Jul 30, 2010
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Mortgage 101

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Below you will find answers to several frequently asked questions.

Be sure to check our Mortgage Glossary page if you can’t find the answer to your question here.

Don’t forget you can chat live with one of our loan officers during business hours!
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Are low down payment options available for buyers who can’t afford a 20% down payment?

Are low down payment options available for buyers who can’t afford a 20% down payment?



FHA vs. Conventional

Which loan is best for me?  FHA or a Conventional loan?



How Many

How Many?



How to speed up the process

How can I speed up the process of getting my loan approved?



IRA funded house

Can I use the funds in my IRA account to help buy my first house?



Prepayment on a Mortgage

Whats the best way to pay off my mortgage early?



Renovation Projects

What options are available to me if I don’t have enough cash on hand to pay for my next large project?



Teaser Rates

Why are some advertised rates so low? 



What’s the difference between a fixed and adjustable rate mortgage?

What’s the difference between a fixed and adjustable rate mortgage?



Worried about debt.

I’m worried about the amount of debt I currently have.  Is there a simple solution that allows me to reduce the amount of debt I have?



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Bruce Chubick MLO#9774

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