Related FAQs
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Learn if you can add someone to your property title without adding them to your refinance loan, and understand the difference in responsibilities. Read more
Learn if you can add someone to your property title without adding them to your refinance loan, and understand the difference in responsibilities. Read more
Check to see which tax form you use — some examples of tax documents for self-employment income include: Schedule C (Sole Proprietorship) K-1/Form 1065 (Partnership) K-1/Form 1120S (S-Corp) Form 1120 (C-Corp) You can also include income you earn from a W-2 issued by your company. These earnings should be reflected on your business returns, but if we can’t identify them clearly we may ask for copies of your W-2s from the past two years. Read more
Check to see which tax form you use — some examples of tax documents for self-employment income include: Schedule C (Sole Proprietorship) K-1/Form 1065 (Partnership) K-1/Form 1120S (S-Corp) Form 1120 (C-Corp) You can also include income you earn from a W-2 issued by your company. These earnings should be reflected on your business returns, but if we can’t identify them clearly we may ask for copies of your W-2s from the past two years. Read more