You need Real Estate & mortgage professional you can trust. You need a company that values honesty and integrity throughout the entire organization. You need top planning specialists who give you their best consistently. You need to find strength, stability and opportunity—especially now. You need New Century Realty & Lending!

When dealing with your real estate home financing, we are not only working with one of your largest personal financial investments; we also are handling one of your biggest dreams. Since we work with matters so close to the heart, we serve you from ours.

New Century Realty & Lending can meet you where you are and help you where you are going. Let us provide you a professional service without obstacles.

Below are Frequently Asked Questions that often are encountered through the course of the home buying process. You also can use our Mortgage Dictionary to address additional terms or questions that arise.

Q: Do I need to be prequalified before I begin searching for my home?

Q: When I apply for a mortgage, what documents will I need?

Q: If I am a non-citizen, can I qualify?

Q: Is it still possible to qualify for a loan even if I have past credit problems?

Q: How will I know the loan program that is best for me?

Q: What is the difference between a FHA and a VA loan?

Q: How do I know what my interest rate will be?

Q: How does the Annual Percentage Rate differ from the interest rate?

Q: Should I get a fixed or adjustable interest rate?

Q: What does my mortgage lender mean by points or origination fee?

Q: When mortgage lenders refer to "PITI" what are they referring to?

Q: What amount is required for a down payment?

Q: How does mortgage insurance work?

Q: How do I know if I need mortgage insurance? If I do need it, how do I get it?

Q: Do I need to have a certain amount of money left after I buy my home?

Q: When my loan officer asks me if I want to waive escrows, what exactly does this mean?

Q: Why did I receive a Truth-In-Lending?

Q: Will I get a copy of my credit report and appraisal?

Q: What inspections are required by the lender?

Q: When will I find out what my final figure is for the total costs to close?

Q: Where do I go for closing?

Q: Will I have two separate payments if I have a second lien?

Q: Where do I send my first mortgage payment?