The breadth of loan products and depth
of information about each loan mean that Guaranteed Rate provides a good base of information on which to start your mortgage shopping.
This act is in place to ensure that borrowers have all the necessary
information about a loan offer before signing the loan documents or make a decision to extend the term.
Virtually all lenders offer extensive
information about their loan products online, as well as have secure online processing capabilities, allowing potential borrowers to apply online and get a preliminary decision within minutes.
In addition to being presented
with information about the loan itself, you are also entitled to receiving a documented explanation of the type of loan you are getting and how it works.
Please visit the Loan Exit Counseling page to find useful
information about loan repayment and debt management, or to complete the exit counseling requirement prior to graduation.
For more
information about loan types, refer to our Mortgage 101 Handbook, a go - to guide for first - time homebuyers on everything regarding the home financing and home buying process.
Before you head over to the application form to make your loan request, it's prudent to get more
information about the loans on offer and what expenses they are best suited for.
Vital information about these loans such as the dates they were opened, the loan amount and your credit limit, the outstanding balances and your payment history will be included here.
In addition, there is important
information about your loan after settlement, including how to resolve loan servicing problems with your lender, and steps you can take to avoid foreclosure.
This ensures that borrowers will always have direct access to the source
of information about their loan, which can often result in faster resolution times.
For more
information about loan options in general, download our free Mortgage 101 Handbook for loan options on single - family or multi-unit properties or download our Rehab & Construction Guide for ways to incorporate the costs of making your home more multigenerational - friendly into your mortgage.
You can contact us today via email for quick response, if you are interested in getting this loan, contact us for more
information about the loan process, the process of how the terms and conditions of the loan and how the loan will be transferred to do you.