Savings Corner
APRIL 4, 2024
No matter what your motivation is for refinancing, the result should leave you better off financially. Don’t forget that removing someone from a mortgage doesn’t remove them from the deed of the home, which may require filing a legal document called a quitclaim deed (check your state’s property laws for guidance).
Savings Corner
DECEMBER 27, 2023
Your lender will also tell you what you can expect to pay at closing after you apply for a mortgage, in a document called a Loan Estimate. The next section shows a breakdown of typical closing costs, including fees for the home appraisal, title insurance and loan origination, as well as property taxes and home insurance premiums.
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