Application Checklist

Below is a list of documents that are required when you apply for a mortgage. However, every situation is unique and you may be required to provide additional documentation. So, if you are asked for more information, be cooperative and provide the information requested as soon as possible. It will help speed up the application process.

Closing Costs

• What Happens at Closing?
• What are Statutory Costs?
• What are Third-Party Costs?
• What are Finance and Lender Charges?
• Are There Any Other Up-Front Expenses?
• What is RESPA?

Foreclosure

• What is Foreclosure?
• What Happens When a Mortgage Payment is Missed?
• How Can a Foreclosure be Avoided?
• What are Some Other Solutions for “Long-Term” Problems to Avoid Foreclosure?
• What are Some Other Solutions for “Temporary” Problems to Avoid Foreclosure?

Glossary of Mortgage Terms

Please click on the letter below to skip to the definition of the word you are looking for.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Foreclosure

• When should I refinance?
• Should I refinance if I plan on moving soon?
• How much will it cost me to refinance?
• What are points?
• Should I pay points to lower my interest rate?
• What does it mean to lock the interest rate?
• Should I lock-in my loan rate?
• I’ve had credit problems in the past. Does this impact my chances of getting a home loan?
• I’ve only been late a couple of times on my credit card bills. Does this mean high interest rates?
• Should I choose the lender with the lowest interest rate and costs?
• Refinance Calculator