Are conventional loans secured/insured/protected by the FHFA?

Settlement costs (also known as closing costs) are the fees that the buyer and/or seller have to pay to complete the sale of the property. Depending on the lender, these may include origination fees, credit report fees, and appraisal fees, as well as property taxes and recording fees. Read more

Learn what PITI stands for in real estate and how principal, interest, taxes, and insurance come together to make up your total monthly mortgage payment. Read more

Learn about the difference between occupancy date and closing date, and why you might not be able to move in immediately after your home purchase is closed. Read more