What are some questions to ask a mortgage lender when trying to buy house?

and what do you need to look for if you are buying a house from HUD and also what questions do i need to ask them too. What do i need to look for when i go see a house with a agent.What are some questions to ask a mortgage lender when trying to buy house?
HUD: These homes are sold as is, you except the home the way it is (buyer beware) also same for REO (real estate owned - bank owned). Some of these homes will not have the utilities on. So if the home was sitting through the winter there is the possibility of burst plumbing.





Mortgage company's:


1) Are any hidden fees?


2) pre payment of mortgage penalty?


3) points?


4) application fee?


5) settlement fee?


6) cost for Title Insurance?


7) cost of Mortgage Insurance Premium if needed MIP (less then 20% down payment)





House hunting:


1) water stains


2) cracks in foundation


3) over all condition of house


4) musty smell (this could be water issues %26amp; mold)


5) mold


6) heating source


7) condition of roof


8) basement, water stains in the corner of the foundation, water stains on walls, water stains on floor





I hope that this information is useful to you. You can visit my web site and you will also find information that will be helpful to you.





http://www.SJshoreRealtor.com





Happy House HuntingWhat are some questions to ask a mortgage lender when trying to buy house?
You can shop on this site. They will show you all the fee and guarantee that fee will not change. Consider you provide all the correct information.





http://www.amerisave.com/partner/chongth鈥?/a>