Blog
Blog
Go Ahead….I’m Listening
Go Ahead, I'm Listening ... (courtesy of American Land Title Association) We’ve all probably experienced a scenario like this. You’re having a conversation about something and later that day you’re bombarded by online ads for the product. You don’t really want a...
Protect Your Property Rights
Get An Owner's Policy to Protect Your Property Rights New homeowners want to focus on buying new furniture for the living room or painting walls, not worrying about having to pay a bill left behind by a previous owner. Lenders require a title insurance policy to...
What’s the VA COE?
http://videotap.wistia.com/medias/vft0qhph9b?embedType=async&videoFoam=true&videoWidth=640 What Is A Certificate of Eligibility, or COE? The COE is the key document that verifies to lenders that someone is eligible for a VA-backed loan. Servicemembers,...
What is a Rate Lock?
Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video explains the common term ‘rate lock.’ A “Rate Lock” is a guarantee that a lender will honor a…
How Title Insurance Protects All Homebuyers
How Title Insurance Protects All Homebuyers Whether you’re purchasing a new or existing home, or refinancing, title insurance protects you against any problems affecting the title to your home. The Basics There are two types of title insurance: the owner’s policy and...
What’s a Qualified Mortgage?
http://videotap.wistia.com/medias/fiqvomy2o6?embedType=async&videoFoam=true&videoWidth=640 As this video explains, Federal laws put into effect in 2014 and supervised by the Consumer Financial Protection Bureau define lending practices and loan terms...
What’s Abilility to Repay?
http://videotap.wistia.com/medias/5uusyfx5e6?embedType=async&videoFoam=true&videoWidth=640 What are the “Ability to repay” rules about? In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s...
Capital Title Announces a New Division
President, Tom Lico, announced a new division last week; Commercial and New Construction. This will be headed up by Jason Seaver, Esq. Jason grew up in the industry with his father, Phil Seaver, as his mentor. He worked for Philip R. Seaver Title Company from a teenager, through its acquisition in 2009, and with it’s new parent…
What’s Debt-To-Income?
Measuring your existing debts against your existing income is one part of a lender’s required assessment of your ability to repay a loan.
Like the video says: debts are existing financial commitments; a car payment is a debt a grocery bill is not.
To calculate…
Closing Time: 6 Steps Every Homeowner Should Expect
Closing Time: 6 Steps Every Homeowner Should Expect Get owner’s title insurance and buy your home with confidence Your long home-buying journey is almost over. You found the home you love, the seller agreed to your offer and now it’s time for closing. Of course,...