Folio Company
English Post
Expected Closing Date vs. Contract Closing Date.
Haga clic aquí para ver Fecha Prevista del Cierre vs. Fecha de Cierre del Contrato en Español
To und...
Key Dates
Haga clic aquí para ver las Fehcas Claves en Español
Each real estate transaction is based through key dates along the contract timeframe, linke...
Blog Post
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Video Post
Understanding Your Loan Estimate: Terms, Payments and Closing Costs
The first page of your Loan Disclosure shows the Loan Terms Projected Payments and Costs at Closing.
The Loan Amount, of course is the total you are borrowing. But the Interest Rate alone doesn’t represent all of your borrowing costs. The APR figure on Page...
Can My Settlement Charges Change?
Yes, if circumstances change, such as:
a natural disaster damages the property or affects closing costs
the title insurer providing the estimate goes out of business during underwriting
new information on you or the transaction affe...
Can Creditors Revise TRID Loan Estimates?
Creditors are generally bound by the initial Loan Estimate. They are permitted to provide a revised Loan Estimate only under certain changed circumstances. These include circumstances that:
a) increase settlement charges beyond the legal tolerance limits
b) af...
What’s Refunded If My Loan Is Higher Than My Estimate?
If the amount you pay at closing exceeds the amounts disclosed on the Loan Estimate - beyond tolerance limits for each category - the creditor must REFUND the excess to you no later than 60 calendar days after loan consummation.
For charges subject to a 10% cumul...
Our Underwriters
Get a Free Consultancy
The team at Folio will represent you with professionalism and integrity.
Schedule your free consultation with us today.