by Jennifer Ferri | Dec 29, 2022 | Buying, Closing Disclosure Form (HUD1), Financing, Loan Estimate Form (GFE), TRID
Looking to buy a home in the Fort Myers or Cape Coral areas and wondering if your settlement charges can change if you are in the middle of the closing process? Yes, your settlement charges can change if circumstances change, such as: A natural disaster damages...
by Jennifer Ferri | Nov 17, 2022 | Buying, TRID
Applying for a loan in the Fort Myers or Cape Coral areas and trying to understand the loan terms of your purchase? Page 2 of your Loan Estimate provides the current estimated cash to close. Some costs will stay the same between estimate and closing while some...
by Jennifer Ferri | Apr 13, 2018 | Buying, Financing, TRID
Applying for a loan for your purchase in the Fort Myers or Cape Coral areas and trying to understand the loan terms? The first page of your Loan Disclosure shows the Loan Terms Projected Payments and Costs at Closing. The Loan Amount, of course is the total you are...
by Jennifer Ferri | Mar 23, 2018 | Financing, Mortgages, Uncategorized
Doing homework on the home loan process for a purchase in the Cape Coral or Fort Myers areas and curious as to what a Loan Commitment Letter is? A Loan Commitment Letter, also known as a Mortgage Commitment Letter or Mortgage Loan Commitment Letter is a written and...
by Jennifer Ferri | Sep 14, 2017 | Buying, Mortgages
In the process of looking for a home in the Fort Myers or Cape Coral areas and wondering how large a down payment you may need? There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You’ll see some...