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Welcome to “Ask Stacy,” a short video feature answering money questions submitted by readers and viewers. You can learn how to send in a question of your own below. If you’re not typically a video watcher, give it a try. These videos are short and painless, and you’ll learn something.
Ask your lender to outline fees based on your personal situation and by different loan options. According to the Know Before You Owe mortgage disclosure rule, your lender should provide you with the Loan Estimate and the Closing Disclosure to help you understand your fees.
Other banks provide mortgages. We make home loans, and we guarantee our pricing. Find a better deal from a local provider, and we will beat it or pay you for .
Working with a nationally recognized lender has its advantages. Whether you’re moving into your first home or moving up to something bigger, you can rely on the lending specialists at George Mason Mortgage, LLC.
On a fixed-rate loan, the interest rate doesn’t change over the life of the loan. An adjustable-rate mortgage (ARM) has an interest rate that is fixed for a set number of years and then afterwards will go up or down based on a market index such as the LIBOR.
Questions to expect from mortgage lenders. “It's a good idea to have dates, amounts, and causes ready if you think these situations will come.
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