A universally utilized loan closing form that itemizes the costs associated with purchasing or refinancing a home.
A standard form utilized at loan closing to itemize the costs associated with purchasing the home. ndex - A commonly used economic indication, upon which future interest rates for adjustable rate mortgages are based. Common indexes include the Consumer Price Index or the average rate of a one year Government Treasury Security.
Also known as the "settlement sheet," it itemizes all closing costs, and must be given to the borrower at or before closing.
The form in which the costs of purchasing a home are itemized.
A form utilized at loan closing to itemize the costs associated with purchasing the home. Used universally by mandate of HUD, the Department of Housing and Urban Development. This form will have all costs, fees and prepaid amounts on it and is usually prepared by the closing company, such as the escrow company.
A standard form utilized at loan closing to itemize the costs associated with purchasing the home. back to the top
A form utilized at loan closing to itemize the costs associated with purchasing the home. Used universally by mandate of HUD, the Department of Housing and Urban Development. A number, usually a percentage, upon which future interest rates for adjustable rate mortgages are based. Common indexes include the Cost of Funds for the Eleventh Federal District of banks or the average rate of a one year Government Treasury Security.
Return To Glossary Index The form utilized at loan closing to itemize the costs associated with purchasing or refinancing a home. Universally used as mandated of HUD, the Department of Housing and Urban Development.
