You're Now Reading:
Important Paperwork to Keep After Your Home Closes
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Important Paperwork to Keep After Your Home Closes
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Important Paperwork to Keep After Your Home Closes
Mortgage Calculator
Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
Mortgage Calculator
Mortgage Rates

February 4, 2011 (Shirley Allen)
mortgage-paperwork-to-keep-image
Not only is your home probably the largest purchase you’ll ever make, the amount of paperwork involved with the purchase of your home is enough to make an environmentalist cringe! The main reasons to keep your documents are for future reference, meaning for your own review, or in the event you need to file a claim, either against the seller, your professional representation team or contractors.

So with all of that paperwork, how do you know which ones to keep and file away for future use? Here are a few of the “must save” items:

1. Truth in Lending statement: This handy paperwork helps to summarize the details of your mortgage, including your percentage rate.

2. Insurance: Not only does it serve for proof of coverage, but just in the case you need to make a claim, you will have contact and coverage information on hand. Make sure you update this if you change insurance companies.

3. Deed: This paperwork proves that the property has “indeed” been transferred to your ownership.

4. Riders: These are sale contract changes (amendments) that affect you directly.

5. HUD-1 Settlement Statement: This is a great itemized list of your closing costs. It will be especially important for when it comes time to pay income taxes.

6. CCR Rules: With so many communities now “master-planned communities” Keeping your CCR is important in case you decide to make improvements and upgrades to your home. If you go to sale your home later, potential buyers may want to read it.

The most important thing is to keep it organized. If you sold another home to purchase your current home, don’t mix your paperwork up. Make sure you keep it in separate files. It’s best to store all of your important documents in a fire proof safe.

For a more in depth list of items to keep, be sure to ask your lender and real estate agent.

Tags: closing paperwork, home purchase, truth in lending, insurance, hud-1 statement, ccr, deed, riders

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

February 4, 2011 (Shirley Allen)
mortgage-paperwork-to-keep-image
Not only is your home probably the largest purchase you’ll ever make, the amount of paperwork involved with the purchase of your home is enough to make an environmentalist cringe! The main reasons to keep your documents are for future reference, meaning for your own review, or in the event you need to file a claim, either against the seller, your professional representation team or contractors.

So with all of that paperwork, how do you know which ones to keep and file away for future use? Here are a few of the “must save” items:

1. Truth in Lending statement: This handy paperwork helps to summarize the details of your mortgage, including your percentage rate.

2. Insurance: Not only does it serve for proof of coverage, but just in the case you need to make a claim, you will have contact and coverage information on hand. Make sure you update this if you change insurance companies.

3. Deed: This paperwork proves that the property has “indeed” been transferred to your ownership.

4. Riders: These are sale contract changes (amendments) that affect you directly.

5. HUD-1 Settlement Statement: This is a great itemized list of your closing costs. It will be especially important for when it comes time to pay income taxes.

6. CCR Rules: With so many communities now “master-planned communities” Keeping your CCR is important in case you decide to make improvements and upgrades to your home. If you go to sale your home later, potential buyers may want to read it.

The most important thing is to keep it organized. If you sold another home to purchase your current home, don’t mix your paperwork up. Make sure you keep it in separate files. It’s best to store all of your important documents in a fire proof safe.

For a more in depth list of items to keep, be sure to ask your lender and real estate agent.

Tags: closing paperwork, home purchase, truth in lending, insurance, hud-1 statement, ccr, deed, riders

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

February 4, 2011 (Shirley Allen)
mortgage-paperwork-to-keep-image
Not only is your home probably the largest purchase you’ll ever make, the amount of paperwork involved with the purchase of your home is enough to make an environmentalist cringe! The main reasons to keep your documents are for future reference, meaning for your own review, or in the event you need to file a claim, either against the seller, your professional representation team or contractors.

So with all of that paperwork, how do you know which ones to keep and file away for future use? Here are a few of the “must save” items:

1. Truth in Lending statement: This handy paperwork helps to summarize the details of your mortgage, including your percentage rate.

2. Insurance: Not only does it serve for proof of coverage, but just in the case you need to make a claim, you will have contact and coverage information on hand. Make sure you update this if you change insurance companies.

3. Deed: This paperwork proves that the property has “indeed” been transferred to your ownership.

4. Riders: These are sale contract changes (amendments) that affect you directly.

5. HUD-1 Settlement Statement: This is a great itemized list of your closing costs. It will be especially important for when it comes time to pay income taxes.

6. CCR Rules: With so many communities now “master-planned communities” Keeping your CCR is important in case you decide to make improvements and upgrades to your home. If you go to sale your home later, potential buyers may want to read it.

The most important thing is to keep it organized. If you sold another home to purchase your current home, don’t mix your paperwork up. Make sure you keep it in separate files. It’s best to store all of your important documents in a fire proof safe.

For a more in depth list of items to keep, be sure to ask your lender and real estate agent.

Tags: closing paperwork, home purchase, truth in lending, insurance, hud-1 statement, ccr, deed, riders

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.