WILL IT COST ME ANYTHING TO COMPLETE THE APPLICATION?
The Leesmann Mortgage Team does not charge any up-front [...]
WHY IS THE ANNUAL PERCENTAGE RATE (APR) ON THE TRUTH-IN-LENDING STATEMENT HIGHER THAN THE RATE I CHOSE?
All lenders are required by the Real Estate Settlement [...]
WHY DOES MY ESTIMATED PAYMENT INCLUDE MORTGAGE INSURANCE?
Mortgage insurance was created to allow consumers to purchase [...]
WHAT IS THE DIFFERENCE BETWEEN LOCKING OR FLOATING MY INTEREST RATE?
When you choose to lock-in your interest rate, you [...]
WHAT DOCUMENTATION WILL I NEED TO CLOSE MY LOAN?
Please visit our loan checklist for a general list [...]
WHAT ARE FIXED RATE VS. ADJUSTABLE RATE MORTGAGES?
FIXED RATE MORTGAGES These programs are typically either on [...]
SHOULD I BE PRE-APPROVED BEFORE I START TO LOOK FOR A NEW HOME?
Yes. In recent years, mortgage guidelines have been tightened. [...]