Loans

Mortgage Loans

• What should I expect during a home appraisal?
• If I do not want my surplus refunded, can I keep it in my mortgage escrow account?
• Is there a fee to have a mortgage escrow account?
• What if I can’t pay my shortage?
• Can I make additional payments to my mortgage escrow account to avoid a shortage?
• Will I incur a charge or penalty in the event of a mortgage escrow account shortage?
• What is escrow analysis?
• What is a mortgage escrow account?
• What do I need to do when switching my home insurance to a different company?
• How is my mortgage escrow payment calculated?
• What do I need to know about home appraisals?
• What should I do with my refund check from my canceled homeowner’s insurance policy?
• What should I expect when buying a home?
• Can I make my tax and insurance payments myself?
• What is a shortage in my escrow account?

Personal Loans

• What will my interest rates be for a personal loan?
• When will I receive my title payoff letter?
• Are there any prepayment penalties?
• How long does it take to get my loan application approved?
• How can I avoid buying a vehicle with a title issue?
• What can I use as collateral for a personal loan?
• How do I pay off my loan?
• Can I complete a personal loan application over the phone or online?
• Do I need a co-borrower to get a loan?

Home Equity Loans

• Is the interest paid on a home equity loan tax-deductible?
• What does loan-to-value mean?
• Which is a better option for me – a home equity loan or home equity line of credit?
• How long can I repay on a home equity loan?
• How do I determine how much equity I have in my home?