“All About Albuquerque Mortgages” – Albuquerque Real Estate Radio Show

Albuquerque Home Buyers… All your Mortgage questions are answered.

👉What is the minimum credit score required to qualify for the loan?

👉How do I know how much home I can afford? How does my debt-to-income ratio affect my ability to qualify for a mortgage?

👉What determines the Mortgage Interest Rate?

👉What is APR?

👉What is a “Pre-Approval”? Vs. Pre-qualify?

👉What documents are needed for the mortgage application process?

👉What Is the Average Loan Processing Time?

👉What is PITI?

👉What is it, and will I have to pay mortgage insurance?

👉Can I pay off my mortgage early?

👉What is a mortgage interest rate lock?

👉What Is The Loan Estimate?

👉Are programs available to assist first-time home buyers?

👉Are Adjustable rate programs available?

👉What mortgages/programs do you offer?

👉Do You Handle Processing and Underwriting In-House?

👉What are your fees?

👉Will You Sell My Loan?