Congratulations, you've decided to buy a house. Do you know about points, junk fees, annual percentage rate (APR), overage, underwriting, and locking in a rate? Learn how to get the best mortgage deal when buying a house.
The terms used in connection with mortgages, providing many definitions and the necessary documentation. The annual percentage rate (APR), certificate of eligibility (COE), good-faith estimate (GFE), HUD 1 (settlement statement), stips (stipulations), truth-in-lending (TIL), and Uniform Residential Loan Application (URLA; 1003).
Your closing day has finally arrived. Before you sign on the dotted line, there is one more thing you have to do...the final walk- through. Learn how to do a final walk-through before closing on a house, what items to look for and how to handle any problems that may arise.
Title insurance and why a homeowner should have it. Links to Chicago Title, Investor Title Insurance, Land America Financial Group, Homeland Title & Escrow, and Investors Title Insurance.
This article is about how to refinance a mortgage. It discusses interest rate, fees (origination, credit report, appraisal, commitment, and third-party fees), points, out-of-pocket cost, good faith estimate, prepayment penalty, deed of trust, and more. Links to several financial resources and a mortgage calculator.
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