| What are the monthly payments?
What is the Annual Percentage Rate (APR)?
What is the interest rate?
Will the interest rate change?
When will the interest rate change?
How often will the interest rate change?
By how much will the interest rate change?
What will you have to pay in points?
What will you have to pay in fees?
Is there an application or loan processing fee?
Is there an origination or underwriting fee?
Is there a lender or funding fee?
Is there an appraisal fee?
Are there document preparation and recording fees?
Are there broker fees?
Are there other fees?
Are any of the application fees refundable if
you don't get the loan?
How many years will you have to repay the loan?
Is this an installment loan or a line of credit?
Is there a balloon payment?
What are the total closing costs?
If you use a broker, how will he or she be paid?
What is the penalty for late or missed payments?
Does the loan include optional credit insurance?
If you want optional credit insurance, can you pay for it monthly instead of financing the premiums as part of your loan?
Did you get a copy of your credit score?
Can you afford this loan? |
