Refinancing is when a homeowner takes out a new home loan to replace their existing one. The new loan then pays off the initial mortgage loan.

You deserve the best, and you have a right to switch brokers or lenders at any point before closing on your loan. You may want to switch due to lower interest rates, unexpected fees, a timeline that doesn’t suit yours,…

Home buyers typically pay an average of 2 to 5 percent of the purchase price of their home in the closing process. These final costs are going to be determined by your loan amount, mortgage option, type of property, and…

An origination fee, which may also be referred to as a processing fee, is part of the closing costs and covers the cost of processing the loan.

The closing point of a real estate transaction happens when the title of the property you’re applying for is officially transferred from the seller to the borrower. Closing costs include attorney fees, broker fees, title fees, and more. Depending on…

It depends, but the standard is anywhere from 30 to 90 days.