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If you have questions about the mortgage process of buying a home or the ins and outs of refinancing then this is the show for you. Join Cross Country Mortgage Regional President Bill Litton as he breaks down key lending terms, answers listener questions, and provides you tons of tips and education about the mortgage world.

You could save thousands of dollars on your next mortgage decision just by tapping into some of the great information on the Smart Mortgage Show.

Schedule a time to meet with Bill and and don't hesitate to reach out with any questions. 484-352-4151. NMLS #147060.

Mar 3, 2022

Spring is just around the corner and many people are starting to get pre-approved for the busy season. There is a lot of questions that come up during the home buying process. So, on today’s episode, we are going to play a fun round of true or false with some mortgage and refinancing topics.

"It’s better to look at the APR and not just the interest rate when evaluating a loan." Bill says the APR is important but you want to make sure it’s not distorted, always get a loan estimate and see where every dollar is going. Should you always get your home mortgage through the bank? While they have some good offers, they aren’t always the best option out there. Join us as we explore these topics and more on today’s show.



3:16 – It’s better to look at the APR not just the interest rate

4:06 – You should always get your home mortgage through the bank

4:52 – Lenders only consider the highest credit rating for spouses

5:49 – You have to put down at least 5% to qualify for a mortgage

7:41 – Renting costs less than owning a home in the long run

9:50 – You’re not allowed to use money from family or outside sources

11:15 – You can still get a mortgage if you recently changed jobs

12:02 – You can’t apply for a mortgage if you are retired



Schedule a time to meet with Bill here.

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Call: 484-352-4151.

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