Borrow up to $1,000,000 with a fixed rate and fixed payment.
What is Conventional Fixed Rate Loan
100
Name the 4 additional options 1st Mariner Mortgage offers.
What is Extended Locks, Bridge Loans, Challenging Credit, Specialty Loans.
100
If you are not ready to build, but you found the perfect location to start, this is the type of loan you need. This can be a separate loan or part of a Construction Loan.
What is Lot Loan
100
This is the amount you will get for your referral!
This is a special loan for people who meet income requirements, but are unable to document it.
What is No Documention Loan
200
A newlywed couple is looking for purchase their first home. They have little credit and are having a hard time finding a loan. How can we help this couple?
We offer Challenging Credit programs to help with any credit problems.
200
Only individuals 62 years of age and older can qualify for this type of mortgage.
What is Reverse Mortgage
200
Who is our Mortgage Rep and how can customers get in touch with him? Where is his office?
Trevor Buck. Call him at 443-573-2693 or 410-340-5119. Email him at tbuck@1stmarinerbank.com. His office is in Canton but he can meet clients at our branch.
200
How can you get Trevor's info from the 1st mariner morgage website?
Under company info, click on company directory and search for his name
300
What is a VA Loan?
A loan for Veteran's that allows them to borrow up to 100% of the price of the home without a down payment.
300
This type of loan puts our customer's at ease when they have purchased a house before their current house has sold.
What is Bridge Loans
300
This type of loan is good for those who would rather build their own dream home.
What is Construction/Permanent Loan
300
A borrower locks in with us and the rates improve, we can re-lock them at the lower rate. We are the only bank to offer this. What is it called?
What is Free Float Down Policy
300
How much does it cost for a consulation with Trevor?
What is nothing. It is free!
400
How many loan types are available for buying and refinancing? Name them.
What is 4. Conventional Fixed Rate Loan, FHA Loan, VA Loan, No Documentaion Loan.
400
I go to Belize for a week every month for work. I am sick of staying in hotels. Do you offer anything that can help me feel more at home in Belize?
Specialty loans for a 2nd or vacation home.
400
The loan amount given is based on applicant's age, home value, and currernt interest rates. There are no income, credit, or medical requirements.
What is Reverse Mortgage
400
What will speed up the process of getting pre-approved?
Filling out the application and either faxing it, or directly handing it in to Trevor.
400
A customer can check the status of a loan on the website. True or False
What is True
500
A customer is looking to borrow more than her home's value. She would like a fixed rate with lower down payments. What kind of loan would best match her needs?
What is FHA Loan
500
Only available with 2 types of loans, this option allows a customer to get a fixed rate for 270 days while a home is being constructed.
What is Extended Locks
500
This loan can be combined with your mortgage loan so only one settlement is needed and the rate is locked in.
What is Construction/Permanent Loan
500
Who would benefit from mortgage services?
Anyone looking to purchase a home, consolidate debt, or lower their current interest rate
500
Using the website, what is the monthly payment for $250,000 loan with a fixed rate of 6.25% for 30 years.