Related FAQs
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
See if you meet the minimum qualifying credit score to refinance a home loan. Read more
See if you meet the minimum qualifying credit score to refinance a home loan. Read more
Learn what PITI stands for in real estate and how principal, interest, taxes, and insurance come together to make up your total monthly mortgage payment. Read more
Learn what PITI stands for in real estate and how principal, interest, taxes, and insurance come together to make up your total monthly mortgage payment. Read more