Shopping For Your Home Loan: Hud'S Settlement Cost Booklet - U.s. Department Of Housing And Urban Development (Hud) Page 29
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48Loan Terms
The last section on the HUD-1 clearly sets forth the terms of your loan,
including the loan amount, your interest rate and your monthly payments. It will also
disclose the monthly escrow payment account information. It lets you know whether
your interest rate, your loan balance or your monthly payments can increase and
whether your loan has a prepayment penalty or a balloon payment. Look at this
information carefully and make sure that you are getting the loan and the terms that
were set forth in your GFE. If the loan terms do not match the loan terms on
your GFE or if you have questions, contact your lender before signing any
documents.
29
ADVERTISEMENT
0 votes
Related Articles
Related forms
Hud Policy For Information Technology Strategic Planning Handbook - U.s. Department Of Housing And Urban Development - 2011
Legal
Hud Policy For Information Technology Management Handbook - U.s. Department Of Housing And Urban Development - 2011
Legal
Form Hud-2537 - Mortgagee's Application For Partial Settlement - Multifamily Mortgage - Office Of Housing Federal Housing Commissioner - U.s. Department Of Housing And Urban Development
Legal
Form Hud-302 - Hud Manufactured Home Monthly Production Report - Office Of Manufactured Housing Programs - U.s. Department Of Housing And Urban Development
Legal
Form Hud-21019 - Hud Headquarters Library Retained Loan Request - U.s. Department Of Housing And Urban Development
Legal
Form Hud-56001-mh - Credit Application For Manufactured (mobile) Home - U.s. Department Of Housing And Urban Development
Legal
Form Hud-40201 - Youthbuild Program Reports Part 10 Actual Costs (final Report) Form - U.s. Department Of Housing And Urban Development
Legal
Related Categories
Parent category: Legal