Contact Us
Subscribe to this blog via RSS
Join us on LinkedInCategories
- Kentucky Consumer Protection Act
- Judgment creditors
- Fractional Investment
- Section 1031 transactions
- Investment
- U.S. Supreme Court
- Breach
- Closing
- Closing Disclosure
- Good Faith Estimate
- HUD-1 Settlement Statement
- Kentucky minimum wage
- Lenders
- Minimum wage
- Truth in Lending Act
- “Know Before You Owe”
- Arbitration
- Condemnation
- Dodd-Frank Act
- Home Equity Conversion Mortgages (HECMs)
- Mortgage
- Reverse mortgages
- Zoning Regulations
- Affordable Housing
- Commercial Real Estate
- Economic Development
- Land Use Law
- Landlord
- Lease
- Planning and Zoning
- Property Titling
- Purchase Contract
- Real Estate Law
- Rescission
- Same-Sex Couples
- Tenant
- URLTA
- Agritourism
- Deed
- Drones
- Homeowners Association
- Land Surveys
- National Association of Realtors (NAR)
- Plat
- Property Lines
- Property Survey
- Real Estate Agents
- Rural Areas
- Boards of Adjustment
- Co-Signing
- Commercial Lease
- Conditional uses
- Condominium
- Deeds
- Emergency Preparedness
- Emotional Support Animals
- ESIGN
- Exclusive Use Clause
- Federal Housing Administration (FHA)
- Horizontal Property Law
- Insurance Companies
- Insured
- Kentucky Condominium Act
- KRS 383.500
- LBAR
- Loans
- Natural Disasters
- Overlay Zoning
- Steenrod v. Louisville Yacht Club Association
- Title Insurance Policies
- Trulia
- Uncategorized
- Variances
- Zillow
- "Right-of-Way Agents"
- Benningfield v. Zinmeister
- Bluegrass Pipeline
- Boilerplate Language
- Building Inspection
- Code Enforcement
- Conservation Easement
- Consumer Financial Protection Bureau (“CFPB”)
- Credit Report
- Credit Score
- Dog owners
- Easement
- Eminent Domain
- FICO
- General Forms
- Homebuyers
- Inspection
- Kentucky landowners
- KRS §258.235(4)
- KRS §383.580
- Multi-unit properties
- Occupancy Fraud
- Power of Attorney ("POA")
- Screening
- Security Deposit
- Servicers
- The Loan Estimate form
- Truth in Lending Statement
- U.S. Department of Housing and Urban Development
- Zoning Ordinance Text Amendment
Showing 1 post in The Loan Estimate form.
A New Beginning for Closings
Posted In Closing, Closing Disclosure, Consumer Financial Protection Bureau (“CFPB”), Dodd-Frank Act, Good Faith Estimate, Homebuyers, HUD-1 Settlement Statement, Mortgage, Real Estate Law, The Loan Estimate form, Truth in Lending Statement, “Know Before You Owe”
Currently, under federal law, within three business days after receiving an application, mortgage lenders must deliver two different disclosures to the applicants: an early Truth in Lending Statement and a Good Faith Estimate. At closing, two more disclosures are required: a final Truth in Lending Statement and a HUD-1 settlement statement. Starting Aug. 1, 2015, that long-established process will change. The forms will be reduced to two and simplified so that consumers will be able to mortgage shop more easily and understand their mortgage terms and costs more thoroughly. More >
