After Home Closing, Which Documents Should I Keep? » Mortgage Masters Group

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Steps in the Mortgage Process when you are Refinancing a Home. The Closing Disclosure is a newer document that is replacing the HUD-1 Settlement Statement. Once the Closing Disclosure is received by the borrower, there is a three business day waiting period BEFORE the home buyer can sign their loan documents.

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Not exactly. While you may have met the goal of homeownership, your credit remains vitally important. keeping your scores up can benefit you in a number of ways. Here are 7 reasons you should keep your credit good even after you’ve bought a house. To furnish your home Now that you’ve got that new home, it’s time to furnish it. If you qualified for a mortgage, there’s a good chance you’ll also be a good candidate for new store cards.

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Mortgage Florida Florida Mortgage Forms | US Legal Forms – A second mortgage is a mortgage made subsequent to another mortgage and subordinate to the first one. Second mortgage loans are different from first mortgages in several ways. They often carry a higher interest rate, and they usually are for a shorter time, 15 years or less.

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The Mortgage Closing Process. With the loan approved, cashier’s check cut, and the house in ready-to-move-in condition you’re ready to close. This final step in the mortgage process is known as Closing, or Settlement. This step is a one-time meeting where you, your real estate agent, the previous owner, their agent, and an escrow agent will.