A4HB Homebuyer's Blog

2.5.2 Lender Documents

Lender Documents There are several forms that you’ll use in working with lenders, and these are highly standardized. Early in the process, you’ll run into the Loan Application form and the lender’s Good Faith Estimate.  These are both lender documents.  The application form requires little explanation. The good faith estimate is the lender’s attempt to give you a reasonable estimate of all the costs involved in purchasing a property. To determine whether the sales price is reasonable, the lender will hire an appraiser.  The appraiser will do an evaluation of the value of the property, called an Appraisal.  The appraisal

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1.2.6 Under Contract to Closing

Under Contract to Closing Once you Under Contract Once you are under contract with an owner to purchase their home, we have a lot of work to do getting to closing. Above all, our job is to ensure it’s a good purchase for you and that we get you to closing without a hitch. There are many documents and deadlines that need to be met during this time.  First, we will arrange for the home inspection and negotiate repairs with the seller.  Then, we’ll deliver the important documents that your lender requires so they can get the appraisal done on

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