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What Do I Get At Closing?
http://bucket.wistia.com/medias/0pplmju6jd?embedType=async&videoFoam=true&videoWidth=640 For most real estate loans, you will receive a Closing Disclosure 3 business days before loan consummation – which frequently happens at the closing meeting. At the meeting itself...
What Is A Loan Estimate And How Does It Help Me?
http://bucket.wistia.com/medias/0l3kgqnsej?embedType=async&videoFoam=true&videoWidth=640 A loan estimate lists your loan terms projected payments, costs at closing measures for comparison, including Annual Percentage Rate and Total Interest Percentage and other...
What Is The Best Way To Compare Loan Terms Between Lenders?
http://bucket.wistia.com/medias/dc0fjqcjuk?embedType=async&videoFoam=true&videoWidth=640 Watch this video and take a few notes! First, devise a checklist for the information from each lending institution. You should include: the company's name and basic information...
What Is A Counter-Offer?
http://bucket.wistia.com/medias/x9x55x8djg?embedType=async&videoFoam=true&videoWidth=640 The video puts this in more visual terms, but basically, a seller can respond to a buyer’s offer with changes - a “counter” - that improves the terms. You need to put yourself in...
What Details Can I Ask Brokers In Advance?
http://bucket.wistia.com/medias/zew4u0atb6?embedType=async&videoFoam=true&videoWidth=640 The following is what a real estate professional would tell you. Ask them: How long do homes in my neighborhood currently stay on the market? How would you price my home? What...
Why Use A REALTOR®
http://bucket.wistia.com/medias/svk3v5ydp2?embedType=async&videoFoam=true&videoWidth=640 A state license is required to sell real estate. But roughly half of those licensed take the additional step of becoming a REALTOR®. As we show you in this video, only members of...
What Costs or Fees Are Associated With Loan Origination?
http://bucket.wistia.com/medias/8yjtnifc9c?embedType=async&videoFoam=true&videoWidth=640 Yes, loan origination involves costs and fees. As you’ll see in the video, when you turn in your application you'll be required to pay a loan application fee to cover the costs of...
What Types Of Closing Costs Are Associated With FHA-Insured Loans?
http://bucket.wistia.com/medias/k7ohj58u90?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember, except for the addition of an FHA mortgage insurance premium, FHA closing costs are similar to those of a conventional...
What Are The Steps Involved In The FHA Loan Process?
http://bucket.wistia.com/medias/acurb94ck9?embedType=async&videoFoam=true&videoWidth=640 The video puts this in more visual terms, but with the exception of a few additional forms the FHA loan application process is similar to that of a conventional loan. With new...
How Can The FHA Assist Me In Buying A Home?
http://bucket.wistia.com/medias/o7rpe24wmd?embedType=async&videoFoam=true&videoWidth=640 Remember these points from the video:the FHA works to make homeownership a possibility for more Americans. With the FHA, you don't need perfect credit or a high-paying job to...
