HomeLight

JANUARY 27, 2021

Home financing. Getting a mortgage can be a stressful and frustrating process. Here are a few tips to get ahead of the game and mortgage like a champ! Don’t forget to budget for closing costs. Closing costs are one-time costs that go along with your home purchase, and you pay them on — you guessed it — closing day.

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Closing costs Loans Inspection Earnest money deposit 117

HomeLight

MARCH 22, 2022

Not to rain on your parade, but North Carolina has something called the due diligence fee, separate from the down payment or earnest money deposit, that you need to have ready to nab that home. The North Carolina Housing Finance Agency is a key player in the state’s down payment assistance programs.

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Due diligence Closing costs Earnest money deposit Loans 88

The Close

DECEMBER 29, 2022

Clients might be interested in an ARM because it allows borrowers to take advantage of interest rate decreases without having to go through a whole refinance process and pay additional closing costs. Closing costs. Clients will need an exact accounting of the total amount owed in closing costs.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97