Mortgage Questions & Answers

• What is there to know about adjustable rate loans?

• What should I know about the Good Faith Estimate?

• Is it safe to apply for a mortgage over the Internet?

• Is SuperLoans.com entirely electronic, or can I talk to a Licensed Mortgage Loan Officer?

• What does buying points mean?

• Do you have competitive rates?

• How do I know if I should pay points?

• How long does a loan take, from application to approval?

• What is an escrow account?

• What is title insurance and why do I need it?

• What is Private Mortgage Insurance (PMI)?

• How much will PMI cost me?

• What is an appraisal?

• What are closing fees?

• What is the difference between my annual percentage rate (APR) and actual interest rate?

• With SuperLoans.com, who coordinates my mortgage and closing?

• When will I be ready to close?

• How much money do I need to bring to closing?

• Do I need Homeowner's Insurance prior to closing?

• In the home-buying process, when should I apply for a mortgage?