Name

Name

Billie B. Ackerman

Personal details

Location

Osawatomie, KS

Web

http://www.mikesavagehomes.com/

Short Bio

Good credit is needed for a mortgage. Almost all home lenders will look at your credit rating. They do this because they need to know that you are someone they can trust to pay the loan back. If your credit is bad, do everything possible to fix it to give your loan the best chance to be approved. Before signing on with a refinanced mortgage, ask for full disclosure in writing. This needs to incorporate all your closing costs, as well as any other fees for which you are personally responsible, now and in the future. Most companies are honest about these fees, but some keep it hidden to surprise you later. Check out a minimum of three (and preferably five) lenders before you look at one specifically for your personal mortgage. Check for reviews online and from your friends, and find information about their rates and hidden fees. Once you know the details for each, you'll be able to choose the one which best suits your needs. Make sure you're paying attention to the interest rates. Getting a loan without depending on interest rates is possible, but it can determine the amount you pay. Understand the rates and know how much they will add to your monthly costs, and the overall costs of financing. You should do everything you can to get the lowest rate possible.

History

Member for

7 years 10 months