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What Are Loan Officers Asked Most Often?

posted by Stephen Katz @ 3:49 PM
Wednesday, June 28, 2017


The number one question that we get asked every day from potential clients is, “What is your current interest rate?”

If only that question had a simple answer. If it were as easy as just spouting off a percentage, you might not even need us. That’s because understanding and getting your interest rate is a process. Rather than quote you an interest rate, we like to spend a few minutes going over what exactly is involved in coming up with an interest rate. There are 4 important factors that determine your interest rate. They are:

1.    What is your credit score?

2.    What type of loan program do you want?

3.    What can you afford for a down payment?

4.    What type of property are you getting?


We want to help educate you and guide you in determining your interest rate. We don’t want to give you a quote on the phone by jumping to conclusions, only to have to backtrack what we said based on the information you give us. When you buy a home, you are making one of the most important purchases of your life, so you want to be able to trust the people you are working with. You also want to make sure you know what kind of home you can afford based on that information, so you know what kind of home you should be looking for.

If you have any questions for us, feel free to give us a call or send us an email. We look forward to hearing from you!


Stephen Katz

(770) 309-0939 (direct) or (866) 742-8400 -- For the past 18 years, Stephen Katz has built a successful business almost entirely on referrals. As your mortgage consultant throughout the home loan process, Stephen will explain the pros and cons of all available mortgage programs and help you choose the financing option that is best suited to your needs. Throughout the loan process, he will keep you informed and will respond quickly to your requests with answers and solutions. Consistently a top producer, Stephen is a Mortgage Bankers Association "Diamond" Award winner, a Georgia Mortgage "Top Gun" and has closed almost half a billion dollars in loans. Put his knowledge and experience to work for you!

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