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Industry News

What Is RESPA?

http://bucket.wistia.com/medias/94z2srqzas?embedType=async&videoFoam=true&videoWidth=640 RESPA stands for the Federal Real Estate Settlement Procedures Act. This video tells you about it all. RESPA requires lenders to disclose information to potential...

What Responsibilities Do I Have During The Lending Process?

http://bucket.wistia.com/medias/lvxfygbawt?embedType=async&videoFoam=true&videoWidth=640 To ensure you won't fall victim to loan fraud, as you’ll see in this video, be sure to follow all of these steps as you apply for a loan: Be sure to read and understand...

What Costs or Fees Are Associated With Loan Origination?

http://bucket.wistia.com/medias/f022ggem5q?embedType=async&videoFoam=true&videoWidth=640 Yes, loan origination involves costs and fees. As you’ll see in the video, when you turn in your application you'll be required to pay a loan application fee to cover the...

What Should I Look Out For During The Final Walk-Through?

http://bucket.wistia.com/medias/o4tjp97bh8?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, this will likely be the first opportunity to examine the house without furniture giving you a clear view of everything. Check the walls and...

What Makes Up Closing Costs?

http://bucket.wistia.com/medias/lj1nzsfts0?embedType=async&videoFoam=true&videoWidth=640 What you’ll see in this video is, there may be closing costs customary or unique to a certain locality but closing costs are usually made up of the following: Attorney's...

What Can I Expect To Happen On Closing Day?

http://bucket.wistia.com/medias/d02qd4b5j4?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember: you'll present your paid homeowner's insurance policy or a binder and receipt showing that the premium has been...

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