Test Your Home Financing Savvy



 This is a sample quiz ... if you have any questions about using quizzes, please ask them in the comments.

  • Step 1
  • Step 2
  • Your Results
  • I must get my mortgage through the same lender who pre-approved me.
  • When taking out a mortgage with your spouse, lenders look at each of your credit scores from the three main reporting bureaus and take the LOWEST of your two middle scores.
  • Your annual percentage rate (APR) is a yearly rate that reflects the true cost of your mortgage and is inclusive of your closing costs, tax service fee, mortgage insurance and interest rate.
  • You will usually get the best mortgage interest rates at the bank where you have a checking account.
  • Mortgage rates for all mortgage types are set once per day and are released at 9:00 am ET.


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