Viewing 17 - 32 out of 101 posts

Understanding Your Loan: Closing Cost Details

Understanding Your Loan: Closing Cost Details - Fort Lauderdale, FL | Marc Brown, P.A. Page 2 of your Closing Disclosure details specific closing costs. Section A includes: Origination charges collected by the lender Read More

Your Rights And Rules For Closing Disclosures

Your Rights And Rules For Closing Disclosures - Fort Lauderdale, FL | Marc Brown, P.A. The Closing Disclosure documents the actual terms of your loan transaction. You should receive it no Read More

Understanding Loan Estimate Comparisons

Understanding Loan Estimate Comparisons - Fort Lauderdale, FL | Marc Brown, P.A. Page 3 of your Loan Estimate includes measures to help you compare loans. “In X Years” shows the total amount Read More

Calculating Your Cash To Close

Calculating Your Cash To Close - Fort Lauderdale, FL | Marc Brown, P.A. Page 2 of the Loan Estimate provides the current ESTIMATED cash to close. Some costs will stay the Read More

Understanding Your Loan Estimate: Services You CAN Shop For

Understanding Your Loan Estimate: Services You CAN Shop For - Fort Lauderdale, FL | Marc Brown, P.A. These costs are paid to outside parties and YOU are free to shop and Read More

Understanding Your Loan Estimate: Other Costs

Understanding Your Loan Estimate: Other Costs - Fort Lauderdale, FL | Marc Brown, P.A. Real estate transactions require taxes, certain pre-payments, and escrow funding. Recording fees are charged by government agencies for keeping Read More

What’s Refunded If My Loan Is Higher Than My Estimate?

What’s Refunded If My Loan Is Higher Than My Estimate? - Fort Lauderdale, FL | Marc Brown, P.A. If the amount you pay at closing exceeds the amounts disclosed on the Read More

Understanding Your Loan Estimate: Page 2, Loan Costs

Understanding Your Loan Estimate: Page 2, Loan Costs - Fort Lauderdale, FL | Marc Brown, P.A. Closing costs are fees paid when the title of the property is transferred to the Read More

Understanding Your Loan Estimate: Terms, Payments and Closing Costs

Understanding Your Loan Estimate: Terms, Payments and Closing Costs - Fort Lauderdale, FL | Marc Brown, P.A. The first page of your Loan Disclosure shows the Loan Terms Projected Payments and Read More

What Will The TRID Loan Estimate Tell Me?

What Will The TRID Loan Estimate Tell Me? - Fort Lauderdale, FL | Marc Brown, P.A. The Loan Estimate documents the essential facts and terms of an approved real estate loan. Read More

Can My Settlement Charges Change?

Can My Settlement Charges Change? - Fort Lauderdale, FL | Marc Brown, P.A. Yes, if circumstances change, such as: a natural disaster damages the property or affects closing coststhe title insurer providing Read More

How Long Must Creditors Keep Real Estate Loan Records?

How Long Must Creditors Keep Real Estate Loan Records? - Fort Lauderdale, FL | Marc Brown, P.A. Under the TRID rule, creditors must retain Escrow Cancellation and Partial Payment Policy disclosures Read More

Can Creditors Revise TRID Loan Estimates?

Can Creditors Revise TRID Loan Estimates? - Fort Lauderdale, FL | Marc Brown, P.A. Creditors are generally bound by the initial Loan Estimate. They are permitted to provide a revised Loan Read More

What Is A ‘Business Day’ For Real Estate Loan Disclosures?

What Is A ‘Business Day’ For Real Estate Loan Disclosures? - Fort Lauderdale, FL | Marc Brown, P.A. “Business day” is defined slightly differently for Loan Estimates and Closing Disclosures. For Loan Read More

Can Creditors Collect Information Beyond The 6 Required Pieces?

Can Creditors Collect Information Beyond The 6 Required Pieces? - Fort Lauderdale, FL | Marc Brown, P.A. In addition to the required pieces: NameIncomeSocial Security NumberProperty AddressEstimated Property ValueMortgage Amount Soughta creditor Read More

Do Creditors Have To Approve TRID Loans In 3 Days?

Do Creditors Have To Approve TRID Loans In 3 Days? - Fort Lauderdale, FL | Marc Brown, P.A. If your loan is approved, on the terms you requested the creditor is Read More

Viewing 17 - 32 out of 101 posts