by Title Junction | Mar 7, 2019
So you’ve found the house of your dreams at a price point that seems doable for your long-term budget. Great! Hopefully you’ve already been pre-qualified for a loan, but either way, you’ll need these 6 pieces of information to...
by Title Junction | Feb 7, 2019
On the second page of your Closing Disclosure, you’ll find details about the specific closing costs, divided into different sections. Section A includes: Origination charges collected by the lender Origination fees paid to brokers, loan officers or other...
by Title Junction | Dec 6, 2018
Yes, within defined limits. Service charges for which YOU shop and select a provider may change; the creditor is NOT responsible for providers who are NOT on their written list. In addition, prepaid interest, property insurance premiums and escrow or reserve...
by Title Junction | Oct 22, 2018
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 titlejunction | Jun 21, 2018
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? The answer… Yes, if circumstances change, such as: a natural disaster damages the property or...
by titlejunction | Jun 6, 2018
Trying to understand your loan terms and costs for an upcoming purchase in the Fort Myers or Cape Coral areas? For eligible transactions, including most residential real estate purchases, creditors must provide a Closing Disclosure form documenting the actual...
