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  2. How long should I keep mortgage statements and documents? - AOL

    www.aol.com/finance/long-keep-mortgage...

    Keep your mortgage documents and related home sale records for at least seven years after selling your home. This includes proof of mortgage payoff , the closing statement and receipts for capital ...

  3. Full documentation loan - Wikipedia

    en.wikipedia.org/wiki/Full_documentation_loan

    In the United States, full documentation loan refers to a loan where all income and assets are documented. [1] It is typically referred to as a "full doc" loan in the mortgage industry and is a common type of loan used for financing a home purchase.

  4. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    1105 - Document Preparation Fee; This is the charge for preparing the loan documents. Lenders often email the loan documents to the escrow company, which in turn prints them out and reviews them before signing. However, some title companies are owned by an attorney who will also draw certain legal documents for the buyer's closing. 1106 ...

  5. HUD-1 Settlement Statement - Wikipedia

    en.wikipedia.org/wiki/HUD-1_Settlement_Statement

    The HUD-1 Settlement Statement is a standardized mortgage lending form in use in the United States of America on which creditors or their closing agents itemize all charges imposed on buyers and sellers in consumer credit mortgage transactions. The HUD-1 (or a similar variant called the HUD-1A) is used primarily for reverse mortgages and ...

  6. The Minimum Salary You Need To Buy a Home in All 50 States - AOL

    www.aol.com/minimum-salary-buy-home-2024...

    50. Hawaii. 2024 average home value: $967,270 20% down payment: $193,454 Loan amount: $773,816.01 Monthly mortgage: $5,055.01 Annual mortgage: $60,660.18 Minimum salary needed to comfortably ...

  7. VA home loan requirements for 2024 - AOL

    www.aol.com/finance/va-home-loan-requirements...

    Home inspections are not required for VA loans, but you must get a home appraisal. The U.S. Department of Veterans Affairs (VA) effectively has a no-limits policy on home loans for eligible borrowers.

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