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There were 11 articles found in this category:
  1. questionWhat is an escrow account?
    An account that holds taxes and insurance until they are disbursed.

  2. questionCan I roll my closing cost fees into my loan?
    It is possible, but depends on the loan type and other factors.

  3. questionHow often does the interest rate change on a Home Equity LOC?
    N/A We do not offer Home Equity LOC

  4. questionIn what locations do you finance Home Equity and Home Improvement loans?
    La Porte office only

  5. questionIn what locations do you finance Home Equity and Home Improvement loans?
    La Porte office only

  6. questionCan I pay my own real estate taxes and homeowners insurance?
    Yes, if eligible. To be eligible a member must have 20% of equity in home.

  7. questionWhat is a late fee for delinquent mortgage payment?
    5% of past due amount.

  8. questionWhat is the difference between a Home Equity Loan and a Home Equity Line of Credit?
    Home Equity Loans all funds are advanced after closing- Home Equity Line funds are taken in the future.

  9. questionWhat are closing costs?
    A percentage of the origination costs, (normally 1%)

  10. questionDo you offer VA or FHA loans?
    Not at this time.

  11. questionDo you offer property loans?
    Yes.