Tag Archives: Home Loan

Keep Your Closing On Track

When you are purchasing a property with a loan, here are some key points to consider to help keep your closing on track: Marital status. To ensure that your closing documents are prepared accurately, notify your lender and title company if your marital status changes. Credit. Changes to your credit report, such as incurring unnecessary […]

“Know Before You Owe”
 Mortgage Disclosure Rule Update

CFBP shares that their mortgage initiative, Know Before You Owe, is designed to help consumers understand their loan options, shop for the mortgage that’s best for them, and avoid costly surprises at the closing table. As part of this initiative, industry rules and regulations known as TRID were implemented in October of 2015. Since that […]

Important Tips During the Loan Process

After you’ve selected your home, made your offer, and are waiting for the next steps, here are some important reminders to ensure your loan will continue to progress smoothly: Continue working at the job shown on your loan application. Wait to make any large purchases until after the deal is done. (No new cars, furniture, […]