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Mortgage Basics: Information for First Time Home Buyers


What kind of mortgage should I select?

Do I have to prove my income?

What happens after I submit my loan application?

I applied online, but forgot my password. What should I do?

What is an appraisal and how is it calculated?

How much does it cost to submit an application online?

Do I need to pick a property before I apply?

What is LTV (Loan-to-Value)?

What is the difference between a fixed-rate and an adjustable-rate mortgage?

How do I shop for a mortgage loan?

How much will I need for a down payment and closing costs?

How large of a loan will I be able to get?

Can I have my mortgage payment deducted automatically from my checking account each month?

Taxes and Owning a Home

What is the difference between being pre-qualified and pre-approved?

How should I compare mortgage loan packages?

What is an FHA mortgage?

What are points and when should I pay them?

What is a VA mortgage?

What is an APR (Annual Percentage Rate)?

What if I own a home, but want to take advantage of lower rates?

Where do I go for more information?

What are the criteria to qualify for a VA home loan?

What is the definition of a veteran?

In what states are VA Guaranteed loans available?

What is a VA Guaranteed loan?

What do I need to close a VA loan?

What interest rates are offered for VA Guaranteed loans?

How do I pre-qualify for a VA Guaranteed loan?

Home Equity Loan Checklist

Mortgage Loan Application Checklist

How To Choose A Mortgage Broker or Banker

Mortgage Broker/Banker, or Credit Union?

Choosing the Best Loan

Conforming vs. Non-Conforming Loans

What is PMI and do I have to pay it?

What to expect when buying your first home.

No Cost Loans

Refinancing Your Existing Mortgage(s)

7 Strategies To Save You Money

What exactly is a mortgage?

Should I buy or rent?

How does a home loan work?

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Northwest Lending Group

732 Broadway # 102

Tacoma, WA 98402

Phone: 253-617-7250
Fax:
253-617-7260
Toll Free: 866-634-5406

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