D.O. teaches the class how to understand and calculate closing costs on a purchase transaction. Because this was taught to originators in Florida - in encompasses some Florida specifics.
Understanding & Explaining Loan Estimates and Tolerance Limits D.O. explains how tolerance limits impact accurate estimation. Additionally, he further shares how he explains loan estimates to his clients.
Understanding Escrow Reserve Accounts and Pre-Paid Interest Part of a homebuyer’s closing cost is interest. However, if they close at the beginning of the month - they may be eligible…
John ColemanNovember 23, 2022