by Jennifer Ferri | Nov 12, 2020 | Financing, Mortgages
When looking for a mortgage, it can be tough deciding which option is right for you. You have to know what to look for, and then decide what works for you and your family as you shop around to make the most of your mortgage decision. To help put the process in...
by Jennifer Ferri | Oct 15, 2020 | Financing, Mortgages
Buying a home can be emotional and exciting time for first time homebuyers. However, enthusiasm can sometimes lead to making mistakes that delay the home loan approval process, which is a much less exciting feeling. The period of time leading up to qualifying for a...
by Jennifer Ferri | May 7, 2020 | Buying, Financing, Selling
Seller concessions, seller contributions, seller credits and closing cost credits—what do these things have in common? Well, how about the fact that they’re all the exact same thing? Seller concessions are essentially monetary contributions the buyer asks the seller...
by Jennifer Ferri | Feb 27, 2020 | Financing, Mortgages
So you borrowed money, whether it was from a mortgage bank lender or a private individual, on a property in Cape Coral, Fort Myers, or anywhere in Florida. And now, you’ve finally made the last mortgage payment! That’s awesome! But before you break out the...
by Jennifer Ferri | Aug 15, 2019 | Financing, Mortgages, TRID
In order to fully understand your home loan, it’s important to understand some of the key parts of the documents associated with it. Let’s talk about your closing disclosure—specifically, the first page of it. The Loan Amount: This is the total you...
by Jennifer Ferri | Jul 11, 2019 | Closing Disclosure Form (HUD1), Financing
RESPA stands for the Federal Real Estate Settlement Procedures Act. The act requires lenders to disclose information to potential customers throughout the mortgage process. By doing so, it protects borrowers from abuses by lending institutions. That means, as a...
