FREQUENTLY ASKED QUESTIONS (FAQ) ............................................. What are the most commonly made mistakes in buying or refinancing a house? Should I refinance? LIBOR is the London Interbank Offered Rate. It's similar to our fed funds rate, in that it represents the rate at which banks are willing to loan each other reserves. Unlike fed funds, which represents the rate on an overnight loan between banks, LIBOR is quoted for specific maturities. Should I pay points? Does a 0 point/0 fee loan really exist? What is a FICO score? Why do interest rates change? What is the difference between pre-qualifying and pre-approval? What is a rate lock? Can my loan be sold? What happens if my lender goes out of business? What is PMI? Can I get rid of the PMI on my loan? What is an APR? Home Equity Options WLGI Enters Into a Revolutionary New Mortgage Partnership with THE MONEY STORE On July 18th WLG International (WLGI) was excited to enter into a new mortgage partnership with one of the most well-known and most respected mortgage industry brands - THE MONEY STORE®. This exciting new change from Global Equity Lending to THE MONEY STORE® takes the mortgage opportunity with WLGI to a whole new level with a broader range of products, more competitive rates, faster closing times and much more.   As part of this change, the Global Equity Lending field force is now originating loans only for THE MONEY STORE® and is no longer accepting mortgage applications or new hires.   If you have any questions please Click here to contact us. Click here to visit the WLG International website