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Understanding Loan Estimate Comparisons

http://videotap.wistia.com/medias/6e2xqjildh?embedType=async&videoFoam=true&videoWidth=640 Page 3 of your Loan Estimate includes measures to help you compare loans. “In X Years” shows the total amount you will have paid in that time, and the dollar...

Calculating Your Cash To Close

http://videotap.wistia.com/medias/9zmu62w82r?embedType=async&videoFoam=true&videoWidth=640 Page 2 of the Loan Estimate provides the current ESTIMATED cash to close. Some costs will stay the same between estimate and closing. Some will change. A - Origination...

Understanding Your Loan Estimate: Other Costs

http://videotap.wistia.com/medias/ifjr7q1ofh?embedType=async&videoFoam=true&videoWidth=640 Real estate transactions require taxes, certain pre-payments, and escrow funding. Recording fees are charged by government agencies for keeping legal ownership records,...

Understanding Your Loan Estimate: Page 2, Loan Costs

http://videotap.wistia.com/medias/t6tml37w1s?embedType=async&videoFoam=true&videoWidth=640 Closing costs are fees paid when the title of the property is transferred to the buyer making them the legal owner. Origination Charges are fees collected by the lender...