5 Questions to Ask Alaskan Mortgage Lenders This Summer

Buying a home in Alaska is undoubtedly one of the biggest purchases you will make in your lifetime. It's important to thoroughly research ahead of time, especially as you begin the mortgage process and working with an Alaskan lender.

However, finding a lender you trust can be a process in itself, not to mention remembering to ask the proper questions. Below we've included five great questions to ask Alaskan lenders this year as you prepare to buy a home in Fairbanks, Anchorage, Eagle River, Wasilla, Palmer, North Pole or the surrounding areas.

1. Is now a good time for me to buy?
A lender will look at your financial situation and determine if now is the best time for you to buy a home.

2. Which debts should I pay down first? And how soon?
Taking into consideration your high-interest debts and loans, a lender will determine which will help get you a better interest rate and how soon you should begin paying them in order to secure one.

3. How much will I have to pay at closing?
Each loan comes with its own set of closing costs, so be sure to ask your lender about those that apply to yours.

4. How do I pay at closing?
Inquire about the method of payment for closing costs when the time comes.

5. Who services my home loan?
Mortgage loans are often serviced by third-party, so make it a priority to ask who will be overseeing yours.

Choosing a lender is one of the most important steps in the home buying process and these questions are just the beginning. Give Madden Real Estate a call today for more information about homes available in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole or the surrounding areas or with questions about getting started as a buyer.

We even have a Love it Or Leave It Guarantee— If you buy a home through us, and you are not completely happy with with your new home, then we will list it for free while you search for a home that you love. 

The Madden Real Estate Team
Madden Real Estate with Keller Williams Realty Alaska Group
(907) 452-3000
Info@MaddenRealEstate.com
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