Blog

What Does Ability To Repay Mean?

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...

What Is The Debt-To-Income Ratio (DTI)?

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 your...

How Can I Improve My Home’s Value?

https://www.capitaltitle.net/2018/09/10/how-can-i-improve-my-homes-value/

How Can I Keep Track Of All The Homes I See?

View the video here: "How can I keep track of all the homes I see?" Then, check out this Homebuyer Checklist

How Should I Prepare The Inside For An Open House?

http://videotap.wistia.com/medias/rx2vdii81b?embedType=async&videoFoam=true&videoWidth=640 For many homes and markets, professional help from someone in “staging” makes good financial sense. Like this video say, check your staging options first. If you are...

20% of Homeowners May Not Sleep Tonight

Getting owner’s title insurance protects your property rights

When Do I Get My Loan Closing Disclosure?

http://videotap.wistia.com/medias/5vvq1on0nk?embedType=async&videoFoam=true&videoWidth=640 If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business...

What Kinds Of Loans Do TRID Disclosures Cover?

http://videotap.wistia.com/medias/klaw088gos?embedType=async&videoFoam=true&videoWidth=640 TRID rules apply to MOST consumer credit transactions secured by real property. These include mortgages, refinancing, construction-only loans closed-end home-equity...

Beware of Mortgage Payoff Fraud and Wire Fraud

Compliments of PropLogix

Understanding Your Loan: Closing Disclosure Page 1

http://videotap.wistia.com/medias/k8q9njvaub?embedType=async&videoFoam=true&videoWidth=640 The first page of your Closing Disclosure documents: The Loan Amount - the total you will actually borrow The Interest Rate - which does NOT include the fees factored...