Lenders Disclosure of Terms. The lender you are connected to will provide documents that contain all fees and rate information pertaining to the loan being offered, including any potential fees for late-payments and the rules under which you may be allowed (if permitted by applicable law) to refinance, renew or rollover your loan.
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Late Payments Hurt Your Credit Score. Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay. If you cannot make a payment on time, you should contact your lender immediately and discuss how to handle late payments.
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Additional Resources. No blog post next week. Happy Holidays. On the House blog posts are meant to provide general information on various housing-related issues, research and programs.
We are not liable for any errors or inaccuracies in the information provided by blog sources. Furthermore, this blog is not legal advice and should not be used as a substitute for legal advice from a licensed professional attorney. New Jersey Home Equity Loan. Very helpful information about The Risks of Cash-Out Refinances.
Refinance Rules in Texas. Refinancing a home loan is straightforward process.