Annual Percentage Rate
The annual percentage rate (APR) is an interest rate that is different from the note rate. It is commonly used to compare loan programs from different lenders. The Federal Truth in Lending law require
http://www.brokeroutpost.com/reference/63576.htm (Updated: 02/27/2007)
Related Reference Topics: [apr]

What does the TIL (Truth-in-Lending) tell me?
The TIL is the Truth-in-Lending statement that you will be provided by your loan officer within three days of applying for a loan. It’s almost always provided along with the Good Faith Estimate (GFE)
http://www.brokeroutpost.com/reference/30726.htm (Updated: 04/20/2006)
Related Reference Topics: [til, truth in lending, gfe, good faith estimate]

Comparing Closing Costs
Obviously, a great way to compare closing costs is to compare the GFE (Good Faith Estimate) provided by your mortgage originator. Many times it will still be hard to tell who has the best deal. Anothe
http://www.brokeroutpost.com/reference/20343.htm (Updated: 03/30/2006)