Related FAQs
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Do you need an appraisal to refinance? Learn when itâs required, how it affects rates and PMI, and when FHA, USDA, or VA streamline refis waive it. Learn more.
Do you need an appraisal to refinance? Learn when itâs required, how it affects rates and PMI, and when FHA, USDA, or VA streamline refis waive it. Learn more.
If you're wondering how much homeowners insurance coverage you really need, here is the minimum level of homeowner insurance required by Better Mortgage. Read more
If you're wondering how much homeowners insurance coverage you really need, here is the minimum level of homeowner insurance required by Better Mortgage. Read more