$330 Closing Costs? Wow! How can that be?
You’re blown away by the high closing costs of many lenders Watch this Learn’n with Rick video and you’ll see closing costs just don’t have to be that high.
You’re blown away by the high closing costs of many lenders Watch this Learn’n with Rick video and you’ll see closing costs just don’t have to be that high.
When is it best for you to lock your mortgage rate when financing a home. This video explains rates what effects them and when you should lock.
Is there ever a time that a prepayment penalty is a good idea. Maybe watch this video to find out.
Does it matter if your lender sells your mortgage and what are they selling anyway? Learn what they are selling and and how it could affect you.
Is APR (annual percentage rate) the best way to shop for a mortgage? APR was set up by the federal government to make is easier to compare mortgage offers. You understanding of APR and whether this government strategy works.
Are discount points worth paying? Watch this video to find out.
What are Origination fees and should you pay them when refinancing? This video explains origination fees and how to decide if they are required. Origination Fees are fees paid to the lender for them to process your mortgage as opposed to discount points which are paid to lower your interest rate. Origination fees do not lower your interest rate and are usually charged because of some issue with the loan such as the loan-to-value/credit scores adjustment or if you are taking cash out. Origination Fees can be called a variety of things but they are fees to originate the loan. [...]
You’ve heard of discount point. You know they are expensive but what are they and how do they affect your mortgage finance. This video will explain closing costs and you will learn how to calculate if discount points will benefit you!
Adjustable Rate Mortgages (ARM’s) are misunderstood. They are not the right mortgage for every situation but depending on the ARM type and features the correct ARM could save you thousand of dollars on you mortgage. Learn if you can benefit from an ARM mortgage.