What Is A Rate Lock?
http://bucket.wistia.com/medias/afl5n8tsiv?embedType=async&videoFoam=true&videoWidth=640 Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video explains the common term 'rate...
When Do I Get My Loan Closing Disclosure?
http://bucket.wistia.com/medias/yfdbzul6p0?embedType=async&videoFoam=true&videoWidth=640 If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business...
Understanding Your Loan: Additional Information Can Be Important
http://bucket.wistia.com/medias/q8hz4shi6z?embedType=async&videoFoam=true&videoWidth=640 Page 4 of your Closing Disclosure is important. It is NOT just standardized form information that is identical for every loan. Review these terms: Assumption: can this...
Understanding Your Loan: Closing Disclosure Page 1
http://bucket.wistia.com/medias/kvq7b1ag85?embedType=async&videoFoam=true&videoWidth=640 The first page of your Closing Disclosure documents: The Loan Amount - the total you will actually borrow The Interest Rate - which does NOT include the fees factored into...
What Is Equity?
http://bucket.wistia.com/medias/4xkoox47t1?embedType=async&videoFoam=true&videoWidth=640 Equity is the value YOU own in property such as a house. It’s the difference between what’s OWED and what the property is WORTH in the current market. The example...
What Are Real Estate Commissions?
http://bucket.wistia.com/medias/twsrhog395?embedType=async&videoFoam=true&videoWidth=640 Like the video says - real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate transaction. When one...
