Frequently Asked Questions

What is the difference between a fixed rate and an adjustable rate?

Fixed rate programs are guaranteed never to adjust throughout the loan term. Adjustable rate programs will most likely adjust at some point during the loan term. They can move up or down depending on many market conditions. Also, fixed rate loans are normally higher than adjustable rate loans.

Why is Key Lending Solutions different than most mortgage companies and why should I do business with them?

Click here to learn about the KLS Advantage!

How long does it take to get preapproved?

We give preapprovals in 30 minutes or less in most cases!

What is the difference between a fixed rate and an adjustable rate?

Fixed rate programs are guaranteed never to adjust throughout the loan term. Adjustable rate programs will most likely adjust at some point during the loan term. They can move up or down depending on many market conditions. Also, fixed rate loans are normally higher than adjustable rate loans.