Related FAQs
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Learn about the different title insurance policies you can and canât avoid paying when you refinance. Read more
Learn about the different title insurance policies you can and canât avoid paying when you refinance. Read more
Buying mortgage points can be an effective way to lower your monthly payments, but if you donât plan ahead, you may not break even. See why. Read more
Buying mortgage points can be an effective way to lower your monthly payments, but if you donât plan ahead, you may not break even. See why. Read more