Nov '24 • General discussion
Intro Course Questions
I just finished reviewing the intro course and found it to be a wonderful first glipse at the basics of mortgages! I do have a few questions the cropped up and wanted to pose them here.
- What is escrow exactly? Why is it handled by a third party?
- What are some scenarios in which an Adjustble Rate/Variable Mortgage make sense?
- What is the role pre-approval plays in the loan process? Is it necessary all the time or just a recommendation?
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Intro Course Questions
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