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  2. Closing documents: A guide for homebuyers - AOL

    www.aol.com/finance/closing-documents-guide...

    List of closing documents Closing disclosure. The closing disclosure contains all of the details of your mortgage, including an itemized list of closing costs. It’s similar to the loan estimate ...

  3. What is a closing disclosure? - AOL

    www.aol.com/finance/closing-disclosure-190005117...

    A closing disclosure is a legally-required, five-page statement of your final mortgage loan terms and closing costs. It contains details about your loan term, monthly payments, fees and other ...

  4. How to read and compare mortgage loan estimates - AOL

    www.aol.com/finance/read-compare-mortgage-loan...

    The final page of the loan estimate lists more important details of your mortgage agreement, like the names of the lender and the loan officer, plus three key figures you can use for comparison ...

  5. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    This is an upfront charge paid to the lender to get a lower mortgage rate – the same as “buying the rate down” 803 - Appraisal Fee; This is the cost of the independent appraisal. It is usually paid by the buyer. 804 - Credit Report; This is the cost of the credit report. The lender does not have to pass this cost along to the buyer.

  6. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan application. In some cases, the buyer would pay the lender the application directly and prior to closing, while in other cases the fee is part of the buyer's closing costs payable at closing.

  7. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Since the quoted yearly percentage rate is not a compounded rate, the monthly percentage rate is simply the yearly percentage rate divided by 12. For example, if the yearly percentage rate was 6% (i.e. 0.06), then r would be 0.06 / 12 {\displaystyle 0.06/12} or 0.5% (i.e. 0.005).

  8. ‘Cash to close’: What it means and how it works - AOL

    www.aol.com/finance/cash-close-means-works...

    Before you get the closing disclosure, however, you can calculate your estimated cash to close total based on the deposit you already made and the other costs outlined on your loan estimate, a ...

  9. How much are closing costs when selling a house? - AOL

    www.aol.com/finance/much-closing-costs-home...

    What are closing costs? “ Closing costs” is a catchall term for the various fees and expenses associated with closing a real estate transaction. They can include things like loan origination ...

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