Contact Us
Subscribe to this blog via RSS
Join us on LinkedInArchives
Categories
- Fractional Investment
- Section 1031 transactions
- Investment
- U.S. Supreme Court
- Kentucky minimum wage
- Minimum wage
- Breach
- Closing
- Closing Disclosure
- Good Faith Estimate
- HUD-1 Settlement Statement
- Lenders
- Truth in Lending Act
- “Know Before You Owe”
- Arbitration
- Condemnation
- Home Equity Conversion Mortgages (HECMs)
- Reverse mortgages
- Zoning Regulations
- Dodd-Frank Act
- Mortgage
- Planning and Zoning
- Real Estate Law
- Uncategorized
- Commercial Real Estate
- Land Use Law
- Purchase Contract
- Affordable Housing
- Economic Development
- Landlord
- Lease
- Rescission
- Tenant
- URLTA
- Property Titling
- Same-Sex Couples
- Homeowners Association
- Deed
- Drones
- Land Surveys
- National Association of Realtors (NAR)
- plat
- Property Lines
- Property Survey
- Real Estate Agents
- Agritourism
- Rural Areas
- Condominium
- Horizontal Property Law
- Kentucky Condominium Act
- LBAR
- Overlay Zoning
- Steenrod v. Louisville Yacht Club Association
- Trulia
- Zillow
- Deeds
- KRS 383.500
- Loans
- Title Insurance Policies
- Co-Signing
- Commercial Lease
- Emergency Preparedness
- Emotional Support Animals
- Exclusive Use Clause
- Insurance Companies
- Insured
- Natural Disasters
- Benningfield v. Zinmeister
- Boards of Adjustment
- Conditional uses
- Dog owners
- ESIGN
- Federal Housing Administration (FHA)
- KRS §258.235(4)
- Multi-unit properties
- Occupancy Fraud
- Screening
- Servicers
- U.S. Department of Housing and Urban Development
- Variances
- "Right-of-Way Agents"
- Bluegrass Pipeline
- Building Inspection
- Code Enforcement
- Consumer Financial Protection Bureau (“CFPB”)
- Credit Report
- Credit Score
- Easement
- Eminent Domain
- FICO
- Homebuyers
- Inspection
- Kentucky landowners
- KRS §383.580
- Security Deposit
- The Loan Estimate form
- Truth in Lending Statement
- Zoning Ordinance Text Amendment
- Boilerplate Language
- Conservation Easement
- General Forms
- Power of Attorney ("POA")
Showing 1 post in The Loan Estimate form.
A New Beginning for Closings
Posted In Closing, Closing Disclosure, Consumer Financial Protection Bureau (“CFPB”), Dodd-Frank Act, Good Faith Estimate, Homebuyers, HUD-1 Settlement Statement, Mortgage, Real Estate Law, The Loan Estimate form, Truth in Lending Statement, “Know Before You Owe”
Currently, under federal law, within three business days after receiving an application, mortgage lenders must deliver two different disclosures to the applicants: an early Truth in Lending Statement and a Good Faith Estimate. At closing, two more disclosures are required: a final Truth in Lending Statement and a HUD-1 settlement statement. Starting Aug. 1, 2015, that long-established process will change. The forms will be reduced to two and simplified so that consumers will be able to mortgage shop more easily and understand their mortgage terms and costs more thoroughly. More >
