by Jennifer Ferri | Nov 22, 2017 | Buying, Financing, Mortgages
Starting the home buying process in the Fort Myers or Cape Coral areas? One term you may hear your lender use is “DTI” or Debt-To-Income Ratio. Measuring your existing debts against your existing income is one part of a lender’s required assessment...
by Jennifer Ferri | Dec 12, 2013 | Closing Disclosure Form (HUD1), Closing Documents
New forms, new ways for Fort Myers and Cape Coral Closings. The Consumer Financial Protection Bureau (CFPB) has issued new rules nationwide for closing loans. The new rules and forms will allow consumers to better understand what they are getting into in terms of the...
by Jennifer Ferri | Dec 3, 2013 | Closing Disclosure Form (HUD1), Closing Documents, Integrated Mortgage Disclosure Rule, Loan Estimate Form (GFE)
Just when you thought you knew everything, it all changes again. This will effect those who are in Cape Coral or Fort Myers as well. On November 20, 2013, the Consumer Financial Protection Bureau (CFPB) issued a rule to replace existing federal mortgage disclosures...