How Will TRID Affect Borrowers?

As most of you have already heard, the TILA RESPA Integrated Disclosure Rule (TRID) is now effective as of October 3, 2015. TRID was implemented by the CFPB (Consumer Financial Protection Bureau) to give consumers additional time to fully understand the charges associated with a particular loan and to decide if you believe you’ll be ...

Who’s Involved in the Mortgage Process?

During the home buying process, you will be working with several different business professionals, including myself and your realtor. Because this can be an overwhelming time, I want to familiarize you with some of the other professionals that will come into play to make your homeownership dream a reality. First off, I will let you ...

How to Choose the Right Loan

When it comes to financing a home, there are many options to consider. Working closely with a loan officer will help determine what type of mortgage is right for you. First, we will cover some of the basics of mortgage loans so you have a better understanding when you contact a professional. Mortgage Term: Mortgages come ...

Do You Really Understand Your Mortgage APR?

The federal government supports the annual percentage rate disclosure (APR) as the standard measurement of loan cost for mortgage shoppers beginning their journey to find a good deal on a home loan. You should understand what goes into a mortgage APR and how you can utilize this knowledge to find the best, most reasonable loan ...

7 Mortgage Terms You Should Know

The mortgage industry has its own unique language which includes many acronyms and sometimes confusing jargon. It’s important to know and understand the terminology to help negotiate the terms of your mortgage and hopefully save money. Here are seven terms that will help you prepare as you begin one of the largest commitments in your ...

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