What does cash to close mean?

Learn what a mortgage gift letter is and how it helps lenders confirm that the gifted funds for a down payment or closing costs are not counted as debt. Read more

You need enough insurance in your dwelling limit to replace your physical dwelling and everything permanently attached to it. Read more

You can pay for your homeowner’s insurance (HOI) policy either up front or at closing. In both cases, you’ll need to pay the first year’s premium. Read more