Related FAQs
Understand what owner-occupied means on a mortgage, why it matters to lenders, and how it could affect your loan options, interest rates, and approval terms. Read more
Understand what owner-occupied means on a mortgage, why it matters to lenders, and how it could affect your loan options, interest rates, and approval terms. Read more
Is there a rate lock cancellation fee for breaking your current locked rate? With Better, there's only a 30-day wait before re-locking on the same property. Read more
Is there a rate lock cancellation fee for breaking your current locked rate? With Better, there's only a 30-day wait before re-locking on the same property. Read more
This 3-page form provides you with important information, including the estimated interest rate, monthly payment, and closing costs of your loan. Itâs a standard form that all lenders are required by law to provide you within three business days of submitting your application. A Loan Estimate is important for comparing pricing across lenders, and because this document commits a lender to certain fee tolerances it reduces the risk of a bait-and-switch offer. Read more
This 3-page form provides you with important information, including the estimated interest rate, monthly payment, and closing costs of your loan. Itâs a standard form that all lenders are required by law to provide you within three business days of submitting your application. A Loan Estimate is important for comparing pricing across lenders, and because this document commits a lender to certain fee tolerances it reduces the risk of a bait-and-switch offer. Read more