An example of Closing Costs in Florida

Closing costs Example Loan amount: $200,000 Florida Origination, title and closing Loan amount $200,000 Points ($) $555 Administration fee $0 Application fee $413 Commitment fee $565 Document preparation $285 Funding fee $0 Broker, origination or lender fees $1,397 Processing $306 Tax service $89 Underwriting $394 Wire transfer $0 Appraisal $355 Attorney, closing or settlement fees… Read More

The Sky’s the (Loan) Limit

By Gary Thomas, 2012 President-Elect, National Association of REALTORS® I have some great news to share with everyone! Last night Congress voted to restore loan limits and the maximum cap for Federal Housing Administration loans. Their action reinstates the loan limit at 125 percent of area median price up to $729,750 for two years and… Read More

Refinance Calculator

Refinance Calculator Calculators provide a reasonable estimate of costs and proceeds based on the input provided. Please keep in mind actual costs may vary dependent upon the particular complexities of your transaction. For a official title quote or HUD Statement, please contact info@cornerstonetitle.biz or by calling 941-708-0300. You can use the active calculator here Enter… Read More

Proceeds to Seller Calculator

Proceeds to Seller Calculator Calculators provide a reasonable estimate of costs and proceeds based on the input provided. Please keep in mind actual costs may vary dependent upon the particular complexities of your transaction. For a official title quote or HUD Statement, please contact info@cornerstonetitle.biz or by calling 941-708-0300. You can use the active calculator… Read More

Buyer’s Good Faith Estimate Calculator

Buyer’s Good Faith Estimate Calculator Calculators provide a reasonable estimate of costs and proceeds based on the input provided. Please keep in mind actual costs may vary dependent upon the particular complexities of your transaction. For a official title quote or HUD Statement, please contact info@cornerstonetitle.biz or by calling 941-708-0300 to reach Cornerstone Title directly!… Read More

Title Premium Calculator

Title Premium Calculator Calculators provide a reasonable estimate of costs and proceeds based on the input provided. Please keep in mind actual costs may vary dependent upon the particular complexities of your transaction. For a official title quote or HUD Statement, please contact info@cornerstonetitle.biz or by calling 941-708-0300. You can use their active calculator here… Read More

Title Insurance Calculators

Title Insurance Calculators For your convenience, CornerStone Title provides a variety of custom calculators to assist homeowners in estimating the costs of their transaction. These calculators provide an estimate based on the input provided. You can print the calculators or you can print to adobe and send the .pdf file and as an email attachment…. Read More

Calculators

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An interactive electronic calculator that helps you figure out how much your monthly payments will be for any fixed-rate mortgage loan. The mortgage calculator allows you to enter the amount and terms of the loan — number of years, interest rate and starting date — and figures the monthly payment. If you click on “Show… Read More

Local Lenders

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If you are looking for a local Loan Officer or Mortgage Company, I can recommend the following: Mark J. Pascarella President, Fairway Funding Group, Inc. 7319 Merchant Court Suite B Sarasota, FL 34240 941-894-6565 941-894-0776 (fax) mpascarella@fairwayfundinggroup.com   Tamera Pescinski Mortgage Consultant Wells Fargo Home Mortgage | 2891 S Tamiami Trl | Sarasota, FL 34239… Read More

Financing Your New Home

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Basic Home Mortgage Categories Among the most popular home financing options is the traditional fixed rate mortgage, or FRM. This is the loan of choice in nearly 70 percent of home purchase transactions. The characteristic of fixed rate mortgages that makes them most appealing to many consumers is stability. The interest rate of this loan… Read More

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