by Jennifer Ferri | Jan 13, 2014 | Financing
RESPA stands for the Federal Real Estate Settlement Procedures Act. This video tells you about it all. RESPA requires lenders to disclose information to potential customers throughout the mortgage process. By doing so, it protects borrowers from abuses by...
by Jennifer Ferri | Jan 13, 2014 | Federal Programs
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 qualify for a loan. The FHA also makes loans more accessible by requiring...
by Jennifer Ferri | Jan 13, 2014 | Federal Programs
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 loan. As of 2013, the FHA requires a single, upfront mortgage insurance premium equal...
by Jennifer Ferri | Jan 12, 2014 | Starting
Like the video shows, your home should fit the way you live, with spaces and features that appeal to the whole family. Before you begin looking at homes make a list of your priorities – things like location and size. Should the house be close to certain...
by Jennifer Ferri | Jan 7, 2014 | Buying, Selling
Both buyers and sellers look forward to closing on their homes, but what happens if there’s a problem and either party can’t get to the location where the closing is held? In cases like these, Title Junction offers a courtesy closing. But what exactly is a...
