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 | Jan 10, 2019 | Buying, Mortgages
If you type PMI into Google, the first result that pops up will likely be for a non-profit organization. But if you scroll down a few results, you’ll see the meaning that makes a lot more sense within the context of buying a house: Private Mortgage Insurance....
by Jennifer Ferri | Nov 20, 2018 | Buying, Financing, Mortgages
If you happen to have some extra money on hand and you want to speed up the process of claiming full ownership of your home, then we have good news! By sending in extra money each month or making an extra payment at the end of the year you can speed up the...
by Jennifer Ferri | Oct 29, 2018 | Buying, Financing, Mortgages
If you’re looking for a home you’ve probably heard the terms pre-qualified and pre-approval thrown around a few times. But what is the difference between these two concepts? How important is it that you obtain one or the other from your lender? So What Is...
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...
