VA Funding Fee – David Reecher A funding fee is added to most VA loan amounts, depending on the amount of down payment that the veteran makes. In most cases the fee is 2% of the loan amount....Read More
Truth in Lending Act – David Reecher Federal law that makes lenders disclose, in writing, all terms, charges and APR to borrowers upon loan application and again at the closing of the mortgage ...Read More
Transaction Broker – David Reecher A transaction broker (also referred to as a facilitator, coordinator or contract broker) is not a representative or agent for either the buyer or the seller.&...Read More
Tenancy in Common – David Reecher A type of ownership in which two or more people have an undivided interest in property, without the right of survivorship. Upon death of one of the owners, his...Read More
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