The disclosure of RESPA is a neccessary part of any loan process. It also is usually where a lot of questions begin to spur. This video gives a quick breakdown of what some of the documents in a conventional loan RESPA package mean.
REMEMBER: If you don't what it means don't sign it. If the person you're working with cannot explain it........don't keep working with them.
If you or any of your loved one have any questions regarding mortgage financing, home ownership or banking in general, please don't hesitate to reach out.
Until next time-Yours Financially, Milly
Jamey Milheiser, NMLS #284184