Frequently Asked Questions
What kind of loans do you do?
US Trust Home Loans handles all types of mortgages to help you purchase a residential property. Our most popular program is FHA but we also handle Conventional loans, VA, and alternative documentation loans as well.
Are your rates fixed?
Yes, all of our loan programs have FIXED interest rates for the life of the loan with no pre-payment penalty.
How much are my closing costs?
Closing costs can vary depending on loan size and loan program. We will provide you with a loan estimate at the very beginning of the process so you know what to expect.
Which loan program is the best?
All of our loans fill a certain need. Every client is different and one loan program that may be good for one client, that same program may not be the best option for another client. We will discuss together which program is best for you and why.
Do you know a good Realtor?
We know plenty of good Realtors but we will work nicely with any Realtor that you have. You have the right to choose, with no pressure, any real estate agent you want just like how you should have the right to choose, with no pressure, any mortgage lender you want.
Will my payment include property tax and homeowners insurance?
Most low down payment programs require property tax and insurance to be included in the payment. We do have options to waive escrows (not include property tax and homeowners insurance) even with a low down payment. We can discuss those options together to see which is best for you and your budget.
US Trust Home Loans has been a great partner to us and I personally cannot be more grateful.
When my buyers choose US Trust Home Loans, I know the closing will happen on time and with no surprises. Working with them has always been a pleasurable experience.
Jennie Hines
Realtor
