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...
by Jennifer Ferri | May 23, 2019 | Buying, Financing
There are many steps to applying for a loan, and quite a few of them serve the purpose of ensuring that you won’t fall victim to loan fraud or be disqualified due to inaccuracies. Here we provide a helpful list of dos and don’ts during the lending...
by Jennifer Ferri | May 9, 2019 | Financing
Shopping for a home loan can seem overwhelming, but by properly organizing the information you gather during your research, you can make the task of comparing home loans from different lenders easier to tackle. First, devise a checklist for the information from...
by Jennifer Ferri | Apr 25, 2019 | Financing, TRID
Federal loan disclosure forms define the information that creditor businesses MUST provide to consumers applying for real estate loans. Lenders have to provide you with two disclosure forms for the most common kinds of real estate loans. First, there’s...
by Jennifer Ferri | Apr 11, 2019 | Credit, Financing
A credit bureau score, or “credit score” is a number based upon your credit history that represents the possibility that you will be unable to repay a loan. Lenders use it to determine your ability to qualify for a mortgage loan, since they’re not really...
by Jennifer Ferri | Mar 21, 2019 | Cape Coral Happenings, Financing, Fort Myers happenings
Recently, Collier County has been seriously considering pulling the plug on the PACE program for homeowners. Property Assessed Clean Energy financing is a statewide program in Florida that local governments can choose to opt in to for their citizens to use. The...
