Closing on a Mortgage Home Loan

Recent Articles

• The home closing process Q: What’s involved in closing on a home?
• Checklist: Steps to a smooth closing This checklist can help you close on your home loan.
• Closing-day nightmares: Don't let them happen to you Surprises can be fun, but not when they pop up on the day your home is set to close. Find out how you can avoid closing-day fiascos.
• Making a down payment You will need a cashier's check from an acceptable source at closing.
• What you need to keep your home loan on track There is a lot involved in getting a mortgage approved. Discover what you need to consider to keep your home loan on-target.
• How to buy title insurance What buyers and borrowers need to know about ownership protection.
• What is title insurance? Title insurance policies protect against fraud or other 'defects' in property ownership.
• The HUD-1 Settlement Statement When you buy a home, the HUD-1 form is the final statement of all the charges involved in the deal.
• Title insurance basics Lenders require you to take out title insurance to protect themselves when they grant you a mortgage.
• Why close at the end of the month? The later in the month you close on a home, the lower your up-front mortgage costs may be.
• Mortgage closing terms Understanding some key mortgage terms can help you when you're closing on a home.
• How to keep your loan from being derailed Problems that can cause delays need not derail the entire loan process.
• Settlement statement: Understanding the terms The settlement statement you receive when you close on a home can be confusing. Understanding the following terms can help.
• Home appraisals Lenders use home appraisers to determine the value of the home you plan to buy.
• Home inspections and certifications Before contracting to buy a home, you should hire qualified third parties to inspect your home.
• The final walk-through The final walk-through is your opportunity to make sure nothing is missing or damaged before the deal closes.

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