Before securing purchase financing a property, it is important to be familiar with a few mortgage basics: The loan process, types of loan programs, common mortgage terms, and factors affecting your loan, such as credit. Much of the same information applies to refinancing as well.
Things You Need to Know Before Buying or Refinancing a Home
This section contains information that will help enhance your understanding of mortgages. However, you should still contact and consult an experienced Loan Officer when you have questions or need advice, or should you need more specific information.
Use the navigation on the left-hand side to access simple, clear explanations that can aid in making your mortgage experience a smooth one.
Metrocities Mortgage, LLC, located at 15301 Ventura Blvd., Suite D300, Sherman Oaks, CA 91403, is a Delaware limited liability company licensed by the California Department of Corporations under CRMLA. Arizona Mortgage Banker License #BK0903027; Georgia Residential Mortgage License #16984; Illinois Residential Mortgage Licensee #6424; Kansas Supervised Loan License #2002-4365; Massachusetts Mortgage Lender License #MC2011; Mississippi Supervised Mortgage Company; New Hampshire First Mortgage Banker/Broker License 8728-MBB; Licensed Banker-New Jersey Department of Banking #9932415; New York licensed mortgage banker; Pennsylvania Department of Banking #1740; Rhode Island Licensed Lender #20021343LL. This is not an offer to enter into a rate lock agreement under Minnesota law. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend.