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What Responsibilities Do I Have During The Lending Process?

by rpsettlement | Jan 13, 2014 | Financing:

  To ensure you won’t fall victim to loan fraud, as you’ll see in this video, be sure to follow all of these steps as you apply for a loan: Be sure to read and understand everything before you sign. Refuse to sign any blank documents. Do not buy property...

What Types Of Closing Costs Are Associated With FHA-Insured Loans?

by rpsettlement | Jan 13, 2014 | Federal Programs

  While this video simplifies things to help you remember, except for the addition of an FHA mortgage insurance premium, FHA closing costs are similar to those of a conventional loan. As of 2013, the FHA requires a single, upfront mortgage insurance premium equal...

What Can I Expect To Happen On Closing Day?

by rpsettlement | Jan 13, 2014 | Title and Closing

  While this video simplifies things to help you remember: you’ll present your paid homeowner’s insurance policy or a binder and receipt showing that the premium has been paid. The closing agent will then list the money you owe the seller remainder of...

What Should I Look Out For During The Final Walk-Through?

by rpsettlement | Jan 13, 2014 | Selecting:

  Well, as this story shows, this will likely be the first opportunity to examine the house without furniture giving you a clear view of everything. Check the walls and ceilings carefully as well as any work the seller agreed to do in response to the inspection....

What Are The Steps Involved In The FHA Loan Process?

by rpsettlement | Jan 13, 2014 | Federal Programs

  The video puts this in more visual terms, but with the exception of a few additional forms the FHA loan application process is similar to that of a conventional loan. With new automation measures FHA loans may be originated more quickly than before. And, if you...
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