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Closing Costs: What to Expect When You Get Your First Loan Estimate

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Is this Loan Estimate good? Reddit link →   / thoughts_on_loan_estimate_need_help_unders...  

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0:00 Reviewing A Real Buyer’s Loan Estimate (Is It Good?)
0:19 What is a Loan Estimate
0:38 Walkthrough
1:59 Two before closing & two after closing
2:20 Locked or floating
4:50 Find my way home
5:03 CFPB Rate Checker
9:34 Section A: Origination Charges
12:25 Section B: Services you cannot shop for
12:49 Section C: Services you can shop to
13:11 Section E: Taxes and other government fee
13:44 Section F: Prepaids
13:57 Section G: Initial payment at closing
14:06 H: Other
15:01 What is not allowed to increase
15:12 Section with no rule
17:43 Calculating Cash to Close
18:35 How tax proration works


Kyle Seagraves NMLS 1701021
Only for educational usage. All calculations should be verified independently. Win The House You Love LLC is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This is not an offer to lend and should not be used to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, nor real estate advice. Read the full disclaimer here: https://www.winthehouseyoulove.com/di...

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