Frequently Asked Questions

Click on a question to be taken to the answer:

With all the advertising for “Zero Down” mortgages, does that mean I can buy my next home without having any money to put down?

What is an “Interest Only” loan and why should I be considering that?

I see advertising for mortgages rates starting at less than 3%. Are these loans something I should pursue?

What is an "Options Arm" and should I be looking for one?

What is an Equity Line of Credit or HELOC?

If I don’t have 20% to put down, does that mean I will have to pay PMI?

What advantages are offered by Mortgage Bankers and Mortgage Brokers?

Should I consider using my credit union for my home loan?

Should I look to a major bank for financing my next home?

Who is Fannie Mae and Freddie Mac?

I see a lot of ads on television for new national mortgage companies, Should consider them for financing my next home?

What will it cost to hire a Realtor to represent my interests?

What factors determine my credit scores?

If you have a question that we did not address, feel free to call us or submit your question to us using this form. We will get back with you as soon as we are able. Thanks!

Call direct to Larry at 206-274-4000

The material on this site was taken from a variety of respected sources. This site is not to be considered as advice.

The accuracy of the information is deemed reliable, but is not guaranteed.

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Premier Lending Group

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