Related FAQs
No, Better Mortgage does not originate any loans with a pre-payment penalty. Read more
No, Better Mortgage does not originate any loans with a pre-payment penalty. Read more
Are you worried about closing delays? Better's Closing Guarantee promises youâll close on time, or youâll get $2,000 back. Learn how it works & whatâs covered. Read more
Are you worried about closing delays? Better's Closing Guarantee promises youâll close on time, or youâll get $2,000 back. Learn how it works & whatâs covered. 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