[1] For employment income, loan approval requires current employment verification. Income verification may be required in the following states: CO, IL, ME, SC.[Back]
[2] All costs and fees can be financed in the new loan, resulting in a higher loan amount.[Back]
[3] Consolidating debts may increase repayment time and total finance charges may be higher over the life of the loan.[Back]
[4] Borrowers may need to make other payments at closing, including prepaid interest and escrow. Buying a home without paying closing costs may come with an increased purchase price or higher interest rate. [Back]