Blog
What Are VA Home Loans?
http://bucket.wistia.com/medias/vn7gp0t6ql?embedType=async&videoFoam=true&videoWidth=640 What Are VA Loans? As the video says, the name is misleading - they’re not loans FROM the VA. The VA - short for “US Department of Veterans Affairs” - is the Federal...
Understanding Your Loan: Closing Disclosure Page 1
http://bucket.wistia.com/medias/7qz5eiu3q8?embedType=async&videoFoam=true&videoWidth=640 The first page of your Closing Disclosure documents: The Loan Amount - the total you will actually borrow The Interest Rate - which does NOT include the fees factored into the APR...
When Do I Get My Loan Closing Disclosure?
http://bucket.wistia.com/medias/hnfcoelp71?embedType=async&videoFoam=true&videoWidth=640 If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business days...
Understanding Your Loan: Additional Information Can Be Important
http://bucket.wistia.com/medias/odfddnv9sn?embedType=async&videoFoam=true&videoWidth=640 Page 4 of your Closing Disclosure is important. It is NOT just standardized form information that is identical for every loan. Review these terms: Assumption: can this loan be...
Understanding Your Loan: Cash And Transaction Summaries
http://bucket.wistia.com/medias/ltwld44bej?embedType=async&videoFoam=true&videoWidth=640 Page 3 of your Closing Disclosure will compare cash requirements from your Loan Estimate to your actual final charges. If “Did this change?” is “YES” notes for changed sections...
Understanding Your Loan: Closing Cost Details
http://bucket.wistia.com/medias/oy0v0c9i0s?embedType=async&videoFoam=true&videoWidth=640 Page 2 of your Closing Disclosure details specific closing costs. Section A includes: Origination charges collected by the lender Origination fees paid to brokers, loan officers...
