{"id":4840,"date":"2017-01-07T01:07:45","date_gmt":"2017-01-07T06:07:45","guid":{"rendered":"http:\/\/gohome.fastforwardstories.com\/?p=4840"},"modified":"2017-01-07T01:07:45","modified_gmt":"2017-01-07T06:07:45","slug":"understanding-your-loan-additional-information-can-be-important","status":"publish","type":"post","link":"https:\/\/cloud02.titletapsites.com\/inspiredca\/2017\/01\/07\/understanding-your-loan-additional-information-can-be-important\/","title":{"rendered":"Understanding Your Loan: Additional Information Can Be Important"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 0 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_8n2gumakad dnt=1 videoFoam=true\" style=\"height:100%;position:relative;width:100%\">\n<div class=\"wistia_swatch\" style=\"height:100%;left:0;opacity:0;overflow:hidden;position:absolute;top:0;transition:opacity 200ms;width:100%;\"><img src=\"https:\/\/fast.wistia.com\/embed\/medias\/8n2gumakad\/swatch\" style=\"filter:blur(5px);height:100%;object-fit:contain;width:100%;\" alt=\"\" aria-hidden=\"true\" onload=\"this.parentNode.style.opacity=1;\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Page 4 of your Closing Disclosure is important. It is NOT just standardized form information that is identical for every loan.<\/p>\n<p>Review these terms:<\/p>\n<ul>\n<li>Assumption: can this loan be transferred to another person if you sell or transfer the property?<\/li>\n<li>Demand: can the lender require early repayment of the loan?<\/li>\n<li>Late Payments: what penalty, after what period, applies?<\/li>\n<li>Negative Amortization: does this loan schedule or allow payments that do NOT fully cover the interest due, resulting in increased loan principal?<\/li>\n<li>Partial Payments: what is THIS lender&#8217;s policy?<\/li>\n<\/ul>\n<p>You should also review Escrow Account details to understand whether you will pay additional property costs via regular Escrow Account payments or handle them yourself directly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Page 4 of your Closing Disclosure is important. It is NOT just standardized form information that is identical for every loan. Review these terms: Assumption: can this loan be transferred to another person if you sell or transfer the property? Demand: can the lender require early repayment of the loan? Late Payments: what penalty, after&hellip;<\/p>\n","protected":false},"author":60,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/posts\/4840"}],"collection":[{"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/comments?post=4840"}],"version-history":[{"count":0,"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/posts\/4840\/revisions"}],"wp:attachment":[{"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/media?parent=4840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/categories?post=4840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cloud02.titletapsites.com\/inspiredca\/wp-json\/wp\/v2\/tags?post=4840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}