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When Is a Mortgage Prequalification Helpful?

When Is a Mortgage Prequalification Helpful?

Jun 01, 2023 P.R.Mortgage

A mortgage prequalification is an estimate from a lender of how much they would likely loan to a borrower. It is not a guarantee of loan approval or a commitment to lend. It's a preliminary assessment based on the information provided.

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Understanding Mortgage Loan Origination Fees

Understanding Mortgage Loan Origination Fees

May 30, 2023 P.R.Mortgage

Origination Fees are one of the fees you pay to buy or refinance a home. Although they vary by lender they are typically a percentage of your total loan amount.

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What is a No Fee Mortgage?

What is a No Fee Mortgage?

May 25, 2023 P.R.Mortgage

With a No Fee Mortgage Loan you can avoid paying the loan closing costs upfront and finance them into the loan.

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