Closing costs

FHLBank Atlanta Announces $4 Million in Additional Funds to Support Homeownership

Retrieved on:

Tuesday, November 7, 2023

Federal Home Loan Banks, Senior counsel, Veteran, Federal Emergency Management Agency, Rehabilitation, AHP, Firefighter, Closing costs, Bank

ATLANTA, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making an additional voluntary $4 million in Affordable Housing Program (AHP) Homeownership Set-aside funding available through its members.

Key Points:

ATLANTA, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making an additional voluntary $4 million in Affordable Housing Program (AHP) Homeownership Set-aside funding available through its members.
Eligible borrowers can apply for up to $15,000 to help them purchase or rehabilitate a home.
The additional funding will be available beginning November 8, 2023, through FHLBank Atlanta’s First-time Homebuyer Product, Community Partners Product, and Community Rebuild and Restore Product.
“This additional funding can help make the dream of homeownership a reality for more than 300 eligible borrowers.”
Funding for the AHP Homeownership Set-aside Program is available only through FHLBank Atlanta member financial institutions, and funds are available on a transaction by transaction, first-come, first-served basis.

The Sea to Sky Law Corporation Offers Free Closing Costs And Free Legal Advice for Smart Sellers

Retrieved on:

Friday, September 8, 2023

Sale, MLS, Sea, Lawyer, Real estate agent, Owner-occupancy, Closing costs, Home Owners' Loan Corporation, Real estate, Sales

NEW WESTMINSTER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Using the program offered by www.RelexInc.ca , Sea to Sky Law is offering a unique service to home sellers – free closing costs and free legal advice when they retain Sea to Sky Law to list their home BEFORE they sign any MLS listing agreement.

Key Points:

NEW WESTMINSTER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Using the program offered by www.RelexInc.ca , Sea to Sky Law is offering a unique service to home sellers – free closing costs and free legal advice when they retain Sea to Sky Law to list their home BEFORE they sign any MLS listing agreement.
This offer means that home sellers can save on both their legal fees for the normal conveyance sale closing costs and have the peace of mind that comes with free comprehensive legal advice from the start of their listing.
Then, after a binding sale agreement is signed usually without legal advice, the Seller has to find a lawyer or notary to complete the conveyance legal requirements commonly called Closing Costs.
Contact Sea to Sky Law today and get free closing costs and free legal advice for smart sellers.

BMO Real Financial Progress Index: Nearly Two Thirds of Americans are Waiting on Mortgage Rates to Drop Before Buying a Home

Retrieved on:

Monday, June 5, 2023

32 percent say they plan to enter the market in 2024 or later if mortgage rates decline.

Key Points:

32 percent say they plan to enter the market in 2024 or later if mortgage rates decline.
Americans pause on refinancing: Among those planning to refinance their home, 81 percent say they are waiting until rates drop.
Financial anxiety high overall: Housing costs (68 percent) remain among the leading sources of financial anxiety for Americans.
BMO Savings Builder Account : Receive rewards for reaching specific savings milestones, set and track personalized financial goals and monitor progress.

FHLBank Atlanta Announces Availability of $7.2 Million in Additional Homeownership Set-aside Funds

Retrieved on:

Monday, May 8, 2023

Federal Emergency Management Agency, Housing, Firefighter, Senior counsel, AHP, Rehabilitation, Closing costs, Veteran, Federal Home Loan Banks, Bank, Insurance

ATLANTA, May 08, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making an additional $7.2 million in AHP Homeownership Set-aside Program funding available through its members.

Key Points:

ATLANTA, May 08, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making an additional $7.2 million in AHP Homeownership Set-aside Program funding available through its members.
Eligible borrowers can apply for up to $15,000 to help them purchase or rehabilitate a home.
The additional funding will be available beginning May 15, 2023, through FHLBank Atlanta’s First-time Homebuyer Product, the Community Partners Product, and the Community Rebuild and Restore Product.
“We are pleased our board of directors has increased FHLBank Atlanta’s level of commitment to affordable housing for a second consecutive year,” said Strickland.

FHLBank Atlanta Announces 2023 Funding for AHP Homeownership Set-aside Program

Retrieved on:

Tuesday, February 21, 2023

Federal Home Loan Banks, Veteran, FEMA, Enterprise Community Partners, AHP, Federal Emergency Management Agency, Closing costs, Firefighter, Senior counsel, Rehabilitation, Real estate, Health care, Insurance

ATLANTA, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that funding for its 2023 Affordable Housing Program (AHP) Homeownership Set-aside Program is now available.

Key Points:

ATLANTA, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that funding for its 2023 Affordable Housing Program (AHP) Homeownership Set-aside Program is now available.
The products within this program provide direct assistance to eligible borrowers to help them purchase or rehabilitate a home.
Funding for each of these products is available only through FHLBank Atlanta member financial institutions, and funds are available on a transaction by transaction, first-come, first-served basis.
Since 1997, the AHP Homeownership Set-aside Program has provided more than $272.4 million in grant funding that has enabled more than 40,625 families and individuals purchase or rehabilitate a home.

FHLBank Atlanta Announces Availability of $5 Million in Additional Homeownership Set-aside Funds

Retrieved on:

Monday, August 22, 2022

Federal Home Loan Banks, Closing costs, Insurance, Program, Veteran, Rehabilitation, Topical steroid withdrawal, District, GLOBE, Housing, Economic development, Firefighter, Bank, AHP, Health insurance

ATLANTA, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making an additional $5 million in funding available in 2022 to its members through its AHP Homeownership Set-aside Program.

Key Points:

ATLANTA, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making an additional $5 million in funding available in 2022 to its members through its AHP Homeownership Set-aside Program.
The additional funding will be available beginning August 29, 2022, through FHLBank Atlantas First-time Homebuyer Product and the Banks Community Partners Product.
Funding for the AHP Homeownership Set-aside Program is available only through FHLBank Atlanta member financial institutions, and funds are available on a transaction by transaction, first-come, first-served basis.
Since 1990, the FHLBanks have awarded approximately $7.3 billion in AHP funds, assisting more than one million households.

FHLBank Atlanta Announces 2022 Funding for AHP Homeownership Set-aside Program

Retrieved on:

Monday, March 7, 2022

ATLANTA, March 07, 2022 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that funding for its 2022 Affordable Housing Program (AHP) Homeownership Set-aside Program is now available.

Key Points:

ATLANTA, March 07, 2022 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that funding for its 2022 Affordable Housing Program (AHP) Homeownership Set-aside Program is now available.
Funding for the Homeownership Set-aside Program is available only through FHLBank Atlanta member financial institutions, and funds are available on a transaction by transaction, first-come, first-served basis.
New for 2022, FHLBank Atlanta is reducing the per-member maximum funding standard from $1,000,000 to $500,000 in an effort to broaden participation across the Banks membership.
Since 1997, the AHP Homeownership Set-aside Program has provided more than $257.5 million in grant funding that has enabled more than 38,000 households to purchase or rehabilitate a home.

Gr8 Housebuyers Reinvents the Home Buying Game in Las Vegas

Retrieved on:

Monday, April 19, 2021

Closing costs, Home insurance, Closing

Their drive is to deliver real estate integrity and guidance that makes stressful situations simple by providing honest and caring solutions.\nGr8 House Buyers makes selling a house in Las Vegas simple and hassle-free.

Key Points:

Their drive is to deliver real estate integrity and guidance that makes stressful situations simple by providing honest and caring solutions.\nGr8 House Buyers makes selling a house in Las Vegas simple and hassle-free.
Homeowners can close on their schedule, and whether it be earlier or later, it's done on the homeowner's terms.\nThe best part is, there are no commissions, fees, or closing costs involved when working with Gr8 House Buyers.
As professional home buyers , the company will take care of it all.
Those in need of a home buyer company in Las Vegas are invited to learn more about Gr8 Housebuyers and their easy three-step process to help you sell your house fast.\n"

ClosingCorp Reports Average Closing Cost Data for Refinances In 2020

Retrieved on:

Wednesday, March 17, 2021

Finance, Banking, Professional services, Residential Building & Real Estate, Construction & Property, Mortgage, Personal finance, Money, Refinancing, Finance, CoreLogic, Closing costs, Real estate appraisal, Closing, Tax, Economy

In contrast, closing costs for the average home purchase in 2020 were $6,087 including taxes, and $3,470 excluding taxes, the company said.

Key Points:

In contrast, closing costs for the average home purchase in 2020 were $6,087 including taxes, and $3,470 excluding taxes, the company said.
The national average tax bill at closing was $1,111 for a refinance as compared to $2,617 for a purchase transaction.
On average, the only major fee that was higher for refinances than for purchases was appraisals: $530 for refinances vs $519 for purchase.
ClosingCorp uses home price data from CoreLogic to estimate closing costs for an average home at the state, core-based statistical area (CBSA) and county levels.

ClosingCorp Reports Average Closing Cost Data for Purchase Mortgages in 2020

Retrieved on:

Thursday, March 11, 2021

Residential Building & Real Estate, Banking, Construction & Property, Professional services, Money, Loans, Mortgage, Economy, Finance, Closing costs, CoreLogic, Closing, Mortgage loan, Real estate appraisal, Fee, Reverse mortgage

ClosingCorp , a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, today released its most recent closing cost data, which showed that in 2020 national average closing costs for a single-family property were $6,087 including taxes, and $3,470 excluding taxes.

Key Points:

ClosingCorp , a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, today released its most recent closing cost data, which showed that in 2020 national average closing costs for a single-family property were $6,087 including taxes, and $3,470 excluding taxes.
ClosingCorp cost calculations include lenders title policy, owners title policy, appraisal, settlement, recording fees, land surveys and transfer tax.
ClosingCorp uses home price data from CoreLogic to estimate closing costs for an average home at the state, core-based statistical area (CBSA) and county levels.
The average U.S. home price increased by roughly $30,000 last year, but the year-over-year difference in the average purchase closing costs was only $339 including taxes and $131 excluding taxes.