The questions are part of the process
Let’s clear a few things up.
Start here, then reach out when you want to talk about your own situation.
Do I need to know which loan I want before we talk?
No. Start with your goals, budget, and questions. David can explain which options are worth exploring and what information a lender will need to evaluate them.
Does a preapproval guarantee my loan will close?
No. A preapproval is subject to conditions and further review. The lender still needs to verify information, review the property and transaction, and complete its underwriting and closing requirements.
Does the mortgage calculator include every cost?
The monthly payment tool includes your entered housing costs, automatic FHA and USDA mortgage insurance or annual fees, and the applicable upfront FHA, VA, or USDA fee. You choose whether that upfront fee is financed or paid at closing. Conventional and non-QM mortgage insurance is a custom entry below 20% down. Other closing costs, prepaid items, and reserves are additional.
Is the calculator’s interest rate a loan offer?
No. The monthly payment calculator starts with a 6.5% hypothetical example that you can change. Other calculators leave the rate blank for your own assumption. None of these inputs is an offered rate or APR. For available terms, speak with David and review written loan disclosures.
Is a lower monthly payment always a better refinance?
No. A longer term can reduce the payment while increasing interest paid over time. Closing costs, the remaining loan balance, and how long you plan to keep the mortgage also matter.
Can I borrow all of my home equity?
Not necessarily. Available borrowing depends on valuation, existing liens, lender and program limits, and a review of your ability to repay. Equity alone is not a loan approval.
How do I start or return to an application?
Use Apply online to open David’s secure application. Use Borrower sign in if you have already started. Financial documents should be sent through the secure portal rather than ordinary email.
Which states does David serve?
David is licensed in Florida, Tennessee, Texas, North Carolina, and Pennsylvania. You can review his NMLS record using the footer link for current licensing information.
No questions match. Try another word or ask David.