The fees and charges you pay when you close are referred to as closing costs. There may be other fees that you must pay prior to getting your mortgage closed. Besides, there are recurring costs that become a part of your payment once you close on your mortgage and move to your new home. Together, …
Franklin American Mortgage Company (FAMC) offers a host of residential mortgages across the nation. Among the mortgage products include fixed-rate loan, ARM, conventional and jumbo loan. Besides, it also offers several government loans backed by organizations like FHA, VA and USDA. FAMC is a full-service mortgage banker operating with three separate divisions – retail, wholesale …
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U.S. Bank is one of the ten largest banks in the United States in terms of assets and the number of branches. Headquartered in Minneapolis, The bank offers a wide variety of financial services in 25 Midwestern and Western states through more than 3,000 branches and over 5,000 ATMs. The home mortgage department of the …
While going through the different steps of home buying, you will come across a number of institutions that are in existence to help borrowers and home buyers. Even when you are learning about mortgage, you will get to hear the names of institutions and agencies that play important roles behind the mortgage process. HUD An …
You are going to take the biggest financial decision of your life. It is important that you are aware of the laws and regulations that are there to protect you from mortgage scams, frauds and discrimination based on race, color, religion, national origin, age, sex, marital status, or disability. Laws and Acts by Federal Government …