Ask a professional a question

Get free, personalized advice from professionals

Ask any question – Need advice on something? Ask your question for free

Get answers fast – Professionals are waiting to answer your question

Privacy – We never show your full name and you can always ask anonymously

Enter your question

Characters remaining: 140

$firstLetter

Asking as: $ss.eas.userParams.displayName
Ask anonymously

Learn More

Remember me

Forgot Password

By submitting you agree to our Terms of Service

Recently answered questions

Q&A

Asked by Brian

What credit score do I need to be considered for a home loan?

Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD

Hello Brian: There are a multitude of loan programs that require credit scores that are across the spectrum. The most efficient way to approach purchasing a hom...

Credit Rating Home Purchase Loan Borrowing

Q&A

Asked by Michael

My wife and I just married and are buying a house. Should we get a fixed rate or an adjustable? Which has lower payments?

Upvote 6
Answers 4

Answered by Dimitrios Gikas
Mortgage Professional in Westlake, OH

The fixed or adjustable question depends on your goals and risk tolerance. A big question to answer is: "How long will you live in the house?" If you know goin...

Home Purchase Loan Borrowing

Q&A

Asked by Kathleen

Am I better off with a larger down payment? A smaller one will leave me with more cash on hand and a bigger tax break.

Upvote 9
Answers 2

Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO

Having liquid (cash or cash equivalent) funds available after closing is always preferable to tying up your funds in the new home. If the water heater breaks, the AC ...

Home Purchase Loan Borrowing