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Did you know that property tax is the number one reason that a customers payment goes up even with a fixed rate?


 Did you know that the Good Faith Estimate gives you all the information about the loan?

Did you know that the Good Faith Estimate has a summary of what interest rate, term and length of the loan?

Did you know that the Good Faith Estimate is an estimate of the total amount cash that the borrower will need to close the loan?

Did you know that the Good Faith Estimate or (GFE) discloses the total fees associated with the loan?

Did you know that depending on what day you close in the month determines what your pre-pay charges will be?

Did you know that you have two choices to pay your insurance and property taxes?

Did you know that most people pay for there insurance monthly within there mortgage payment?

Did you know that you also have the option to pay your property taxes and insurance once a year?


Did you know that the Good faith estimate show what your monthly mortgage payment will be?

Did you know that the Good Faith Estimate also shows if you have HOA Dues, or Mortgage Insurance?

Did you know that the Good Faith Estimate some banks don’t charge an origination fee?

Did you know that banks generally make there money on the length of time that the loan is in service?

 Did you know that when you escrow your taxes of insurance that your payment will generally go up every 2 years?

Did you know that property tax is the number one reason that a customers payment goes up even with a fixed rate?

 Now if you didn’t know, now you know…

To see more did you know that trivia click here

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