FAQ

What is a home inspection and is it necessary?

How much can we afford to pay for a home?

What is the minimum down payment needed to buy a home?

What is mortgage loan insurance?

What is a high-ratio mortgage?

What is a conventional mortgage?

Why should I use Peter Kampe and Mortgage Intelligence for my mortgage needs?

How does Mortgage Intelligence get paid?

Is my information kept confidential?

Does paying my mortgage bi-weekly really cut years off my mortgage?

Does bankruptcy disqualify me from getting a mortgage?

How will child support and alimony affect my mortgage qualification?

Can I get a mortgage to purchase a home and make improvements?

Can I use gift funds as a down payment?

What is a pre-approval and how do I get one?

Should I wait for my mortgage to mature?

What are the sources for mortgage financing?

Will I need mortgage insurance?

How much will it cost me to have a Mortgage Intelligence Consultant?

Will this fee increase the cost of the mortgage?

What is the best term to consider?

How does my amortization affect the amount of interest I pay?

What difference does payment schedule make?

How does the Home Buyers’ Plan (HBP) work?

What information is required to be Preapproved for a Mortgage?

Why is verifying my Down Payment important?

What is the Purchase Plus Plan?

What costs will I have to pay on closing?