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Filling in a loan application

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Mrs213
????????

Member since 2/09

18986 total posts

Name:

Filling in a loan application

what does this mean?

"estimated settlement charges"

Is this something that we have to pay at closing b/c I think its going to be too high???

Posted 4/19/10 7:17 PM
 
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Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Filling in a loan application

it means the same thing as closing costs

Posted 4/19/10 7:21 PM
 

Mrs213
????????

Member since 2/09

18986 total posts

Name:

Re: Filling in a loan application

Posted by Beth

it means the same thing as closing costs




Oh great Chat Icon
thanksChat Icon

Posted 4/19/10 7:25 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Filling in a loan application

take a deep breath

if you need to do a sellers concession at this point your lawyer can negioate that with the contract

there are waysChat Icon

Posted 4/19/10 7:28 PM
 

Mrs213
????????

Member since 2/09

18986 total posts

Name:

Re: Filling in a loan application

Posted by Beth

take a deep breath

if you need to do a sellers concession at this point your lawyer can negioate that with the contract

there are waysChat Icon




Is that something you would reccomend doing? Because I dont' think we will have to it was just the intial shock of seeing such a high number Chat Icon Chat Icon Chat Icon Chat Icon

Posted 4/19/10 7:31 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Filling in a loan application

Posted by staceyums81

[



Is that something you would reccomend doing? Because I dont' think we will have to it was just the intial shock of seeing such a high number Chat Icon Chat Icon Chat Icon Chat Icon



only if you had too...now that the shock is over- then nope!

you are better off NOT doing the sellers concession- you will end up paying interest on that money

Posted 4/19/10 7:36 PM
 
 

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