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Understanding Your Loan: Closing Disclosure Page 1

by www.premiertitlehawaii.com | Aug 22, 2020 | TRID

The first page of your Closing Disclosure documents: The Loan Amount – the total you will actually borrow The Interest Rate – which does NOT include the fees factored into the APR on Page 5 If this loan has a penalty for pre-payment or includes a balloon...

Understanding Your Loan: Additional Information Can Be Important

by www.premiertitlehawaii.com | Aug 22, 2020 | TRID

Page 4 of your Closing Disclosure is important. It is NOT just standardized form information that is identical for every loan. Review these terms: Assumption: can this loan be transferred to another person if you sell or transfer the property? Demand: can the lender...
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