Loan Estimate and Closing Disclosure Walk Through

Mortgage Rates in this example are from CFPB. For Current mortgage rates, contact me for more information.

In this video I walk through what a sample mortgage loan estimate and closing disclosure looks like and explain a little bit about the main things to look for.

[AnthonyTranRealtor]

To clarify and make absolutely clear for everyone: APR is the total cost of the loan plus the closing cost as a percentage. by @steve lee is 100% correct. I delivered information in a different way than I was expecting when I edited this video, but again, the corrected definition of apr is in this comment.

[Valeria.melero]

Thanks for the video I’m studying this and it’s definitely helpful to have someone walk you through it

[destinyvillasenor]

This is amazing!! Keep up the great videos 📹👍

[carlbernngl]

music may be ok, but would be better if you played it at a lower volume. it's kind of distracting

[stevelee]

APR is the total cost of the loan plus the closing cost as a percentage. Ur giving wrong information!

[amph]

do loan estimates always come close to the closing disclosures?

[brixandblooms]

Who provides this document at closing?