closing

Breaking It Down: Understanding Your Home Closing Costs

Breaking It Down: Understanding Your Home Closing Costs

By Embrace Home Loans Staff / January 25, 2023
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When you’re a first-time homebuyer, the entire concept of closing costs may be elusive and intimidating. You know they’re coming, but you have no idea what to expect. Luckily, a little knowledge can go a long way. Fees for loan…

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Closing Costs: How much should you expect to pay

Closing Costs: How Much Should You Expect to Pay?

By Jon Clark / January 4, 2023
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Closing costs can be confusing.

Not only do they cost you an additional few thousand dollars come closing day; they also cover fees and expenses you’ve likely never heard of, making them even more perplexing for a first-time buyer.

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Sorry we're not closed sign

The Repercussions of a Mortgage Not Closing on Time

By Embrace Home Loans Staff / May 25, 2022
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You’ve worked hard for years, saved up the down payment, and have finally found your perfect dream home. And now that you have your offer accepted and are in escrow, you’re ready to sign on the dotted line and close…

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how to lower closing costs

How to Lower Your Closing Costs

By Aly Yale / June 24, 2019
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After your down payment, closing costs typically come in as your second-most expensive home buying charge. For most buyers, they can be somewhere around 2% to 5% of the total purchase price — or about $4,000 to $10,000 on a…

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Man and woman on couch holding HASHTAGS over their heads

You Just Accepted an Offer on Your Home! Now What?

By Aly Yale / August 13, 2018
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Whether you finally got a bid after months on the market or you carefully chose an offer out of dozens on the table, one thing’s for certain: accepting an offer on a house is pretty darn exciting. Finally, you’re done!…

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The Point of Points

By Embrace Home Loans Staff / April 7, 2018
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What are these and why do I need them? Points are one type of fee paid at closing by you to your mortgage lender. There are two types of points: origination and discount points. Origination points are charged to recover…

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