Know Your Customer

Know Your Customer

We want to customize as best as possible the loan to fit your needs. Please help us with answering 10 questions so we can get to know your goals better.

1. What kind of term are you seeking?

  • A. Fixed Rate
  • B. Arm
  • c. Unsure

2. What term do you want your loan to be?

  • A. 10
  • B. 15
  • C. 20
  • D. 25
  • E. 30
  • F. Other

3. Are you more:

  • A. Rate Sensitive - willing to buy down the interest rate
  • B. Not Rate Sensitive - willing to accept a much higher interest rate in lieu of paying more points (Would like a cash credit over and beyond lender/broker costs)
  • C. Prefer not want to pay any points and willing to accept a higher interest rate to pay for lenders/brokers costs
  • D. Neither

4. Which statement fits you best?

  • A. I have a lot of experience in buying real estate and/or mortgage loans
  • B. I am a first time homebuyer or have very little experience with real estate and/or mortgages
  • C. Prefer not to answer

5. Do you want taxes or insurance or both included in your mortgage payment?

  • A. Yes
  • B. No
  • C. Unsure
Know Your Customer

6. How long do you plan on living in your house, or sell, or plan to refinance in the future?

  • A. Less than 7 years
  • B. 7 Years - 10 years
  • C. Greater than 10 years

7. Do you have a homeowners insurance company to get a quote?

  • A. Yes
  • B. No
  • C. Unsure

8. How much of a down payment is ideal for you?

  • A. 0-5%
  • B. 6-10%
  • C. 11-20%
  • C. 20-or more%

9. Do you give us permission to share your loan conditions with your real estate agent?

  • A. Yes
  • B. No
  • C. Maybe

10. How do you report your employment Income?

  • A. W2 - Employed by someone else
  • B. 1099 - Self Employed
  • C. Both W2 and 1099
  • D. Retired/Other

At , we feel like we know our customers better than anyone else.