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What Does The Closing Process Involve When I Sell?

by fertinamondesir | Sep 26, 2019 | Financing:

A signed sales contract doesn’t mean your house is sold. There are still financial, contractual and legal steps for both sides. The buyer has to get financing to meet the contract terms – which includes credit checks. The property is inspected and appraised; title...

What Steps Need To Be Taken To Secure A Loan?

by Net Sheet Calculator | Sep 10, 2019 | Financing:

You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you’ll need the following information. Pay stubs for the past 2-3 months. W-2 forms for the past 2 years....

How Are Pre-Qualifying And Pre-Approval Different?

by Net Sheet Calculator | Sep 10, 2019 | Financing:

Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be ‘pre-qualified’ over the phone with no paperwork by telling a lender your income, your long-term debts and how large a...

What Is The Best Way To Compare Loan Terms Between Lenders?

by Net Sheet Calculator | Sep 10, 2019 | Financing:

Watch this video and take a few notes! First, devise a checklist for the information from each lending institution. You should include: the company’s name and basic information the type of mortgage minimum down payment required interest rate and points closing...

What Is A Loan Estimate And How Does It Help Me?

by Net Sheet Calculator | Sep 10, 2019 | Financing:

A loan estimate lists your loan terms projected payments, costs at closing measures for comparison, including Annual Percentage Rate and Total Interest Percentage and other considerations that lender may apply to this loan application. Each lender must supply a loan...

How Do I Choose The Best Loan Program For Me?

by Net Sheet Calculator | Sep 10, 2019 | Financing:

The video puts this in more visual terms, but your personal situation will determine the best kind of loan for you. By asking yourself a few questions, you can help narrow your search among the many options available and discover which loan suits you best. Do you...
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