Did you know that there's a difference between being pre-qualified and pre-approved? It may seem to be 'tomatoes, tomatos...potatoes, potatos' but not knowing the facts could cost you. For example, what is a 'no cost loan'...should you lock in at a rate...how do you get the best rate for your mortgage? An informed buyer is a prepared buyer. Knowing the facts about these important points and knowing what questions to ask is the first step towards buying your next home.
Note this article as it outlines key facts about your mortgage that could translate into big savings over the life of your loan,