FAQS

Your Questions Answered

SHOULD I GET A FIXED RATE OR ADJUSTABLE RATE LOAN?

Fixed Rates are usually the terms wanted. In some circumstances an adjustable rate can benefit the borrower. Please consult your MLO.

CAN I PURCHASE AN FHA LOAN IF I HAVE PURCHASED ONE IN THE PAST?

Yes, as long as you only have one FHA loan at a time you can purchase again with an FHA Loan.

WHEN SHOULD I REFINANCE?

It's appropriate to Refi once your home builds enough equity, you can cash out up to 80% loan to value or simply just reduce your rate and remove MIP. Always refinance with a permissible purpose. Our lenders can guide you one whether its time to refinance your loan.