Related FAQs
Wondering about escrow homeowners insurance? With Better, you may not need to pay it if you meet certain criteria like LTV, credit score, and loan type. Read more
Wondering about escrow homeowners insurance? With Better, you may not need to pay it if you meet certain criteria like LTV, credit score, and loan type. Read more
A wire transaction is one of the ways to pay your cash to close amount. Be sure to follow the instructions closely and confirm your transfer. Read more
A wire transaction is one of the ways to pay your cash to close amount. Be sure to follow the instructions closely and confirm your transfer. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more