Loan Closing & Cancellation Laws?

Answer When you sign documents during a loan closing, you enter into a legally binding contract. A loan contract contains details of the interest rate and the term of the loan. For any type of collateral-... Read More »

Top Q&A For: Loan Closing & Cancellation Laws

Homeowner's Insurance Cancellation Laws for Mississippi?

The Mississippi Department of Insurance regulates insurers' business practices, including how they cancel homeowner insurance policies. If you are aware of what the regulations are, you can minimiz... Read More »

Can You Add Closing Costs to a Mortgage Loan?

When obtaining a mortgage, closing costs represent a significant additional out-of-pocket expense. If you do not have the money that is necessary to pay for them, you may be able to include, or rol... Read More »

Can you roll closing costs into an FHA loan?

Closing costs cannot be rolled into an FHA loan for a new home purchase. FHA Streamline refinance loans allow borrowers to include closing costs in the loan amount, but at a higher interest rate. T... Read More »

Do you go to a closing meeting when you refinance a home loan?

Yes, you do need to have a closing meeting when you refinance your mortgage. Those in attendance at the meeting are the signing company, or a title company agent and yourself, and a spouse if it is... Read More »