Related FAQs
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
What is home equity & how can you use it? Learn how your homeâs value minus your mortgage balance can unlock financial options like HELOCs & home equity loans. Read more
What is home equity & how can you use it? Learn how your homeâs value minus your mortgage balance can unlock financial options like HELOCs & home equity loans. Read more
Learn what a co-op is, how cooperative housing works, and what ownership means. Understand fees, rules, and the role of the governing board in co-op living. Read more
Learn what a co-op is, how cooperative housing works, and what ownership means. Understand fees, rules, and the role of the governing board in co-op living. Read more