by Jennifer Ferri | Feb 7, 2019 | Closing Documents, TRID
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 Jennifer Ferri | Jan 31, 2019 | Buying
Searching for a new home can be a challenge; you have to make sure the house has all of the features you need, obtain financing, negotiate with the sellers…the ever-growing list can seem daunting. But with the help of your trusty real estate agent, it’s nothing you...
by Jennifer Ferri | Jan 24, 2019 | Financing
Loan application fees. Yuck. Nobody likes to shell out money just to apply for a loan, but it’s a necessary evil. The loan origination process does involve work on the lender’s side, and the application fee pays for the costs of underwriting the...
by Jennifer Ferri | Jan 17, 2019 | Selecting, Title and Closing, Title Insurance
As a home buyer, seller, or real estate agent, you’ve probably seen the odd advertisement about the importance of title insurance and choosing the right title company for your closing. And with a wide selection of horror stories featuring fraud, liens,...
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....
