What is Prepaid Interest?
Today’s video centers on prepaid interest. These are the charges due at closing for any daily interest that accrues on your loan between the date you close on your mortgage loan and the period covered by your first monthly mortgage.
This informational video guides you through what exactly prepaid interest is, where you can find how much it will be and more. Your Shorewest, REALTOR® has also been trained and can help you with the amount and explaining more about your unique situation.
Buying and selling a home does not need to be complicated! Whether you are a first-time buyer or selling your existing home, we have gathered the most frequently asked questions and created easy to understand videos. These resource videos cover topics such home warranties, typical closing costs for sellers, understanding seller disclosures, home staging, tips for first time home buyers, choosing a 15 or 30-year mortgage and more! Check back regularly for your video resource on all home related topics! #ShorewestRealtors #ShorewestFamily #ResourceVideos
Tags: first time home buyers, Home Buying, monthly mortgage, Mortgage Loan, Prepaid Interest, Resource Videos, shorewest, shorewest family, Shorewest Realtors
Categories: First Time Home Buyers, Home Buying, Real Estate News, Resource Video
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