Real estate blog entries tagged with closing costs by Chaz Ramirez (DE Underwriter, Trainer, HUD Title II Approval Consultant )

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Home : Blogs : Chaz Ramirez : Chaz Ramirez's Blog : Tag "closing costs"

closing costs: Points and The Tax Effective Payment - 03/25/08 12:45 PM

I know what you're thinking, "Chaz, what in the world is the Tax Effective Payment??? I've never heard of that before!"
Well, the Tax Effective Payment is a critical tool used in helping your borrowers determine how many points to pay, a decision which is just as critical to you and your customer. So how do you help the borrower determine how many points is appropriate for their situation. There is a system and it's something you may not know to help them determine the best course of action.
Here's a scenario:
Applicant applies and is approved for a conforming product. The days … (1 comments)

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Chaz Ramirez

Atlanta, GA

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DE Underwriter, Trainer, HUD Title II Approval Consultant

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March 2008 (9)

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