by Jennifer Ferri | Feb 9, 2023 | Closing Disclosure Form (HUD1), Financing, Loan Estimate Form (GFE), TRID
The definition of a “business day” is slightly different for Loan Estimates and Closing Disclosures. For Loan Estimates, each day on which a creditor’s offices are open to the public count as a business day. Loan estimates must be delivered or placed in the...
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 | Jun 13, 2019 | Loan Estimate Form (GFE), Mortgages, TRID
There’s no getting around it; taking out a loan for a house involves a lot of paperwork. Some of it you have to fill out yourself, while other documents contain vital information that you need to understand to get your loan squared away. One such document...
by Jennifer Ferri | Dec 9, 2013 | Closing Documents, Loan Estimate Form (GFE)
New rules across the board even for Cape Coral and Fort Myers closings. The Consumer Financial Protection Bureau (CFPB) has released a new rule regarding disclosure for loans. This rule produced new forms that will replace existing ones to help consumers make clearer...
by Jennifer Ferri | Dec 3, 2013 | Closing Disclosure Form (HUD1), Closing Documents, Integrated Mortgage Disclosure Rule, Loan Estimate Form (GFE)
Just when you thought you knew everything, it all changes again. This will effect those who are in Cape Coral or Fort Myers as well. On November 20, 2013, the Consumer Financial Protection Bureau (CFPB) issued a rule to replace existing federal mortgage disclosures...
