Oro Valley Homes for Sale - Common Home Loan Questions

Do you need a down payment to get a loan?
How well does your credit need to be to get a mortgage?
What are closing costs?
Which are better, fixed-rate or adjustable-rate mortgages?
Is it better to get a 15-year loan or a 30-year loan?
What is the difference between pre-qualification and pre-approval?
What is an escrow account, and why is it necessary?
What is included in the mortgage payment?
Which type of mortgage should I choose?
Will my mortgage be sold to someone else?
Getting a mortgage is a significant part of the home-buying equation.