A few nice mortgage refinance images I found:
Image by USDAgov
(left to right) Dominick Ferrante, Representing Congressman Robert Andrews; USDA Rural Development State Director Howard Henderson; Housing Administrator Tammye Treviño; Pat Delaney, Sun National Bank; and Robert Angradi, Oak Mortgage Company discuss the refinance pilot program at the New Jersey roundtable meeting.
WHAT TO EXPECT AT CLOSING by Gustavo Perona
Image by ideas.togrow
Purchasing a new home and the closing can be a headache. It’s a good idea to review what will happen ahead of time, with everything moves fast and a lot of papers to sign. The time and date for closing is usually set during the offer and negotiation stage. The closing is usually scheduled several weeks after the offer is accepted.
Here are some specific things that happen on closing day:
•You’ll provide evidence of required homeowners insurance and inspections (if applicable
•The buyer will provide a check for the amount owed toward the purchase price of the house.
•Your lender will distribute the funds covering your home loan amount to the closing agent.
•The seller will sign the deed over to the buyer. Transferring officially ownership to the buyer.
•The title company will register the new deed with the government office. This record will show the buyer as the new homeowner.
Here are some specific paperwork you should be expected to be signed:
•HUD-1 Settlement Statement: used to itemize services and fees charged to the borrower by the lender or broker when applying for a loan for the purpose of purchasing or refinancing real estate. Receive a copy of the HUD-1 at least one day prior to the closing for your review.
•Deed of trust or mortgage: This is the agreement between a lender and a borrower to transfer an interest in the borrower’s land to a neutral third party, a trustee, to secure the payment of a debt by the borrower.
•The Mortage: A document by which the buyer transfers to the lender an interest in real estate to secure the repayment of a debt, evidenced by a mortgage note.
•Truth-in-Lending Statement: This document provides full written disclosure of the terms and conditions of a mortgage, including the annual percentage rate and other feese do this process as easy as never before, with Fastfilepro(transaction manager) of Ideas to Grow(www.ideastogrow.com) you can access your files online from the day the transactions start, follow up the transaction progress, view your documents and been in touch with the people working for your closing.
Request more information to us, we like to help your transactions to success.
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Image by Jim Carson