by Jennifer Ferri | Sep 10, 2018 | Financing, Mortgages, Title Insurance, Title Searches
So, I have often been asked the question, “Why do I have to pay for title insurance again? I thought I was told it’s a one-time fee for as long as I own my home!” Well yes, it is. However, what you are now buying is a lender’s title policy for the new lender, but your...
by Jennifer Ferri | May 4, 2018 | Buying, Financing, Mortgages
Trying to determine the difference between a loan commitment letter versus a pre-qualification letter for your new purchase in the Fort Myers or Cape Coral areas? In competitive buyer’s markets where houses for sale are few and far between and homes for sale typically...
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 | Apr 6, 2018 | Buying, Credit, Financing, House Hunting, Mortgages, Uncategorized
Purchasing a home a home in the Fort Myers or Cape Coral areas? Whether it’s your first home or your tenth, it always involves important decisions at the beginning of the home buying process such as qualifying for a mortgage loan. Selecting the right lender can have...
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 | Mar 1, 2018 | Financing, Mortgages
On the hunt for a home mortgage in the Fort Myers or Cape Coral areas and curious about Discount Points? Discount points allow you to lower your interest rate. While this video simplifies things to help you remember, “points” are essentially prepaid interest...
