Will You Be at The Closing- This is a big one because if the Wisconsin mortgage broker does not go to their loan closings chances are they maybe trying to switch you or try some tricks. Although they may have legitimate reasons most good brokers and lenders attend their closings to answer any questions the client may have about their loan.

Is My Interest Rate Locked- Locking the interest rate secures the rate you were quoted for a period of normally 30 days. Many Milwaukee mortgage companies lock rates at document signing but many do not. By not locking they are hoping that rates go down to give you a better deal or that the commission from the lender goes up for the rate you are getting. Either way is risky if the market changes so if you want the rate you were quoted, demand it be locked and ask for a rate lock confirmation letter. Andrea Johnson