There are so many options now for potential home buyers when it comes to mortgage loans, refinancing and home equity/lines of credit. But how do you tell what option is right for you. Can a quick and…
3 Types of Protection for You, the Home Buyer
Home Equity Loans and Lines of Credit
As you make payments on your mortgage loan or make improvements to your property, or if property values in your neighborhood increase, the equity in your home may increase. Home equity is the difference between your home’s…
What To Do if You Have Questions about Your Loan
Servicing information and errors If you have a question any time during the life of your loan, or if you believe your servicer has made an error, you can send the company a written request for information or…
What happens after you accept your HUD-1
After settlement, federal law requires that you be given disclosures concerning the servicing of your loan and any escrow account and that you receive a written mortgage statement each billing cycle. You also have certain protections in…
Good Faith Estimate vs Settlement Statement (HUD-1)
You have determined what you can afford, shopped for the best loan for your needs, and found the right house. After all the hard work, it is time to go to settlement, but don’t forget to bring…
Protecting Your New Home Title – Title Insurance
There are other settlement services that Choice Lending Corp of Lancaster will require for your loan. You may be able to shop for these services or you may choose providers identified on the written list you receive…
