We have provided answers to a list of frequently asked questions in connection with purchasing mortgage in Connecticut and about Ctmortgagedepo.com with a view to making mortgage purchasing simpler, easier and quicker for you.If you have any further queries kindly let us know and we will be glad to answer it for you.

1. Why deal with Ctmortgagedepo.com?

Ctmortgagedepo.com strives to offer comprehensive mortgage services with a view to make your mortgage purchasing process as simple as possible. We represent our customers and not the lenders. We will study your requests and will negotiate with reputable mortgage lenders and brokers in the state, on your behalf, to secure best mortgage terms and rates.

2. While purchasing mortgage can I use money gifted to me to make down payment?

Most mortgage lenders in the state will accept the down payment from money gifted by family member. However it is up to the individual lender to decide on this issue. Fill out our simple no obligation mortgage quote and we will find you a lender offering mortgage in tune with your specific situation and requirement.

3. How much down payments will I be expected to make? Is it possible to purchase mortgage without down payments?

Normally lenders require minimum 3% to 5% down payment for issuing mortgage. However, depending on your requirement you may also purchase mortgage loans without making any down payments. Let us do the legwork for you and find you the type of mortgage that you specifically require.

4. Can I pay off mortgage loan ahead of schedule?

Yes. Provided your mortgage lender does not charge prepayment penalties. Prior to purchasing mortgage loan enquire with your lender whether or not you will be charged prepayment penalties.

5. What amounts will be included in mortgage monthly payments?

Your mortgage monthly payments will consist of the following amounts:

• Principal amounts
• Interest
• Local real estate taxes
• Homeowner's insurance (if applicable)
• Mortgage insurance (if any)

6. How can I lower interest rates?

One effective way to lower interest rates is by paying more discount points. Discount points are essentially prepaid interest wherein each point equals 1% of the total mortgage amount. For more information peruse through our advice articles.

7. Do you offer only residential mortgage?

Ctmortgagedepo.com deals in a wide range of mortgage plans both residential and commercial mortgage. All you need to do is fill out our hassle free mortgage quote and we will get to you with best offers you will find nowhere else.

8. How much do you charge for your services?

Ctmortgagedepo.com operates solely for the purpose of connecting prospective borrowers with top mortgage lenders and brokers in the state. Let us do the legwork for you. We do not charge for any of our services. There are absolutely no hidden costs of any kind.

9. When filling out mortgage quote is it safe to submit my private information?

Absolutely yes! Ctmortgagedepo.com adopts all necessary security measures in tune with current Federal standards in order to ensure that your information remains safe with us. We will under no circumstances sell or share your details with any other third persons. Only you, Ctmortgagedepo.com and our lenders (upon your authorization) can view the details that you submit.

10. What information should I provide while applying for a mortgage loan?

You should provide following information while applying for a mortgage loan:

• Personal information
• Financial information
• Employment information