Steps to successfully navigating the mortgage lending process:
Insider Mortgage Secrets
This information will give you a great understanding of the Arizona mortgage loan process. Craig Bohall is a loan officer with Academy mortgage, a licensed Arizona mortgage company. Craig has put together these instructional videos on the mortgage lending process in a 5 part series. Watch these videos and consider Craig and Academy mortgage for your Arizona mortgage company.
Starting the first video will display the remaining 4 mortgage videos:
Selecting Your Arizona Mortgage Company
Use these questions to help determine the expertise of the Arizona mortgage lender you are speaking to. The largest financial transaction of your life is too important to risk with someone who is not capable of advising you properly on the best options for your specific lending needs.
But how can you tell? Here are four simple questions your lender absolutely must be able to answer correctly. If an Arizona mortgage lender does not know the answers — run — don’t walk to a lender who does! More info on selecting a mortgage lender…
Three Questions You Should NOT Ask Mortgage Lenders in Arizona – and Why
Why? Learn mortgage answers …
Understanding Terminology of the Mortgage Lending Process
203(b) * 203(k) * 7/23 and 5/25 Mortgages * 3/1, 5/1, 7/1, and 10/1 ARMs * “A” Loan or “A” Paper * ARM * Abstract of Title * Acceleration * Acceptance * Additional Principal Payment * Adjustable-Rate Mortgage (ARM) * Adjustment Date * Adjustment Index * Adjustment Interval * Affidavit * Amenity * Amortization ….
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