As you begin to consider purchasing a new home one of the first things you should do is get an idea of what “the numbers” will look like. Ultimately the 2 most important numbers will be (1) the monthly payment and (2) how much money you will need at closing, but there are a lot …
There may be some out of pocket funds required at closing depending upon a couple of factors. If you have an escrow account for taxes and insurance, it does not roll over to your new mortgage. This means we must collect for the new escrow account whatever amount should be in that account at this …
Will I have to write a check at closing with my refinance? Read More »
