How to Read Your Mortgage Documents. What First Time Home Buyers Need to Know About Their Loan!

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  • Опубліковано 25 жов 2024

КОМЕНТАРІ • 51

  • @christopherchilton5891
    @christopherchilton5891 2 роки тому

    This is the most thorough explanation that I've seen. And I've been watching lots. We're building a house.

  • @johnsmith-dm2tq
    @johnsmith-dm2tq 3 роки тому +6

    Finally, I have been searching for an actual breakdown video for weeks. I will be watching this a fer times. Thanks

  • @danaallen6946
    @danaallen6946 4 роки тому +10

    I'm a mobile notary, this was very helpful information for me, thanks for posting!😊

  • @TheBrideofChrist7777
    @TheBrideofChrist7777 4 роки тому +8

    I am new to Loan signing and this is great for me to learn.

  • @serg_lupescu
    @serg_lupescu 5 років тому +1

    No matter how busy I get, I won’t ever forget to comment on your vids! ☺️

    • @LizyHoeffer
      @LizyHoeffer  5 років тому

      Serg Lupescu you are amazing my friend

    • @serg_lupescu
      @serg_lupescu 5 років тому

      Lizy Hoeffer lol not even close!

  • @marj4393
    @marj4393 3 роки тому +1

    Thanks for showing the actual document and very detailed information.

  • @julieandkikim7109
    @julieandkikim7109 4 роки тому +4

    Great video!!! No background music needed-just your knowledge and voice please.

  • @abdellatifrouas9007
    @abdellatifrouas9007 3 роки тому

    Thanks for the advice to first time home buyers to be aware of...very helpful!!

  • @Marketplacere
    @Marketplacere 3 роки тому +1

    VERY WELL EXPLAINED! Thank you for educating people about mortgages it is so important

  • @vishun2inspire
    @vishun2inspire 4 роки тому +3

    Thanks Lizzy. This vid truly helped me visualize the process and how to interpret the documents. I’m planning to purchase a home soon. 😊 🤞

  • @ThomasinaAdams27
    @ThomasinaAdams27 3 роки тому

    Thank you so much for this. As a new LSA this has helped me immensely.

  • @aztecwarrior7373
    @aztecwarrior7373 3 роки тому

    I like this cuz I can actually see the document. Thank.

  • @pops1pops178
    @pops1pops178 2 роки тому

    So the intrest rate on the estimate isn't accurate until you do a credit pull before closing and the lower your score the better the intrest rate would be

  • @jimmym2486
    @jimmym2486 2 роки тому

    What about the promissory note and the mortgage financing statement? When do I sign these at the closing or before the closing? Also I know how to identify the prommisory note but how do I identify the mortgage financing statement?

  • @CarlosGaviriaM
    @CarlosGaviriaM 16 днів тому

    Great video thank Lizy. Would you help me out here? I'm trying to find out if the mortgagor's name is also listed in the mortgage documents (and where). Also, if someone is added to a property title, is this person automatically included as a mortgagor in the mortgage document? ... In other words, is there a scenario where a person can be listed as owner but not mortgagor when there is a mortgage in place?

  • @lr7955
    @lr7955 2 роки тому +1

    You did a phenomenal job thanks so very much

  • @gordonskl4763
    @gordonskl4763 3 роки тому +1

    This was great, appreciate it!

  • @sarminakter8857
    @sarminakter8857 2 роки тому

    Beautiful video

  • @christinaaguillila
    @christinaaguillila 2 роки тому

    Are the seller credits already deducted from that cash to close price?

  • @jaystunnstoneheart9483
    @jaystunnstoneheart9483 4 роки тому +3

    What if my loan has the loan amount changing several times in a refinance?

  • @sarahandrew2011
    @sarahandrew2011 3 роки тому

    I will be binging your videos and wanted to know if you can't provide me with the link you mentioned about a more detailed video regarding this topic. I will be purchasing a home in 2021 and I need to get myself as prepared as possible.

  • @JuanAndOnly
    @JuanAndOnly 4 роки тому +2

    Great info 🦎👸. I’ll chime in and say other than your intro and maybe some transitions, you should lose the background music when delivering information.

  • @trobinsonepps
    @trobinsonepps 4 роки тому

    Great content...change singing to signing on the loan estimate definition page🙂

    • @LizyHoeffer
      @LizyHoeffer  4 роки тому +1

      darn it :) Spelling has never been my strong suit LOL Thank you for tuning in!

  • @se7ensnakes
    @se7ensnakes 3 роки тому

    My Mortgage contract talks about a trust deed. What is that all about?

  • @nakobilly
    @nakobilly 4 роки тому +2

    This is great, thanks

  • @jaystunnstoneheart9483
    @jaystunnstoneheart9483 4 роки тому +2

    Thank you first off. You have helped me tremendously in finding 15000 taken from my home. Thak you very much. I do have a request. If possible is there a way to look for more indepth fraud? Where to go for help? How to fight it? In my Case, so far I discovered the Escrow was switched out. Thank you very much :)

    • @LizyHoeffer
      @LizyHoeffer  4 роки тому

      Omg I am just reading this!!! Crazy glad this helped.

  • @davidhodge8509
    @davidhodge8509 5 років тому +2

    Love your videos! Do you have any good resources that explain the aggregate adjustment?

    • @LizyHoeffer
      @LizyHoeffer  5 років тому +1

      David Hodge Thank you for tuning in! This is the best definition I found on the internet :) budgeting.thenest.com/mortgage-aggregate-adjustment-32721.html t

    • @davidhodge8509
      @davidhodge8509 5 років тому

      Lizy Hoeffer thank you!

  • @mr.mizanurrahman3563
    @mr.mizanurrahman3563 2 роки тому

    Good video

  • @RaziaSultana-gw8ps
    @RaziaSultana-gw8ps 2 роки тому

    Nice video ❤️🥰

  • @naveenc9590
    @naveenc9590 4 роки тому +1

    Hii, thanks for providing information, can u please upload a video related deference b/w CD borrower and CD final 🙏

  • @mdjafarhamadhamad6509
    @mdjafarhamadhamad6509 2 роки тому

    good vedio

  • @TheChangospace
    @TheChangospace 5 років тому +6

    Lizzy has gorgeous eyes

  • @winchelvictor8589
    @winchelvictor8589 2 роки тому

    You are so beautiful !😍

  • @Ilovekpoprita
    @Ilovekpoprita 4 роки тому +1

    You do not answer the question that is asked. Don't talk about dust

  • @TeslaBoy123
    @TeslaBoy123 4 роки тому

    Hahaha 8:59 u agree a mortgage loans is a legal scam huge ripoffffffff 👎👎🤣

    • @LizyHoeffer
      @LizyHoeffer  4 роки тому +1

      Not what I said, but yes I do point out how much you pay for in interest....
      Not everyone can buy a home in cash.