Related FAQs
Is there a rate lock cancellation fee for breaking your current locked rate? With Better, there's only a 30-day wait before re-locking on the same property. Read more
Is there a rate lock cancellation fee for breaking your current locked rate? With Better, there's only a 30-day wait before re-locking on the same property. Read more
Refinancing a property in a trust is possible, but requires a few extra steps. Discover how the process works, from title transfers to trustor consent. Read more
Refinancing a property in a trust is possible, but requires a few extra steps. Discover how the process works, from title transfers to trustor consent. 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
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