Quirky Mortgage States
These states require a Survey in order to close.
What are Florida & Texas?
What leader(s) claim that Empower times out after 15 minutes when we all know it's well under 5 minutes?
Who is Joe Carbone or Umar Baqar?
You must receive this mortgage disclosure document at least 3 business days before your scheduled closing date.
What is a CD?
Popular Daytime talk show created in 1997 by Barbara Walters and hosted by women.
What is The View?
Abruptly stopping communication with someone without explanation.
What is Ghosting?
Interest Only Mortgages are not allowed on Primary Homes in this state.
What is Texas?
This vague / opaque three letter regulatory acronym is often cited by Credit but deep down is understood by NO ONE !
What is ATR?
An appraisal delivery timing waiver allows you to waive your right to receive a completed appraisal report HOW MANY DAY days prior to closing, thus speeding up the process.
What is 3 Days Prior to Closing?
It's the OG. The Real Housewives of .....?
Beverly Hills
Average, mediocre, or unexceptional.
What is Mid?
25 Day Closing Requests are the Norm.
What is California?
He rocked in a cover band in college.
Who is Bill Elfsten?
The document where you legally agree to repay the loan outlining the amount owed, interest rate, payment schedule and terms of default?
What is the Promissory Note?
Demographic cohort born between 1997 and 2012. Succeeding Millennials, this generation is defined by being the first true digital natives, having grown up with internet access, smartphones, and social media integrated into their daily lives from an early age.
What is Generation Z?
No Lie.
What is No Cap?
What is Michigan?
These two individuals most recently served in the CEO role of Goldman Sachs prior to David Solomon.
Who are Lloyd Blankfein & Henry Paulson?
"Closing Time" is a song sung by which American Rock Band?
i. Semisonic
ii. Third Eye Blind or
iii. Lifehouse
What is Semisonic?
Before Netflix & Amazon people rented videos at physical, brick-and-mortar stores. This chain was the most popular store for renting videos in the '90s and early 2000s.
What is Blockbuster?
A phrase used to tell someone to step away from the internet and go outside.
What is Touch Grass?
This state has special trusts for privacy.
What is Illinois?
This person is the head of the Investment Strategy Group and Chief Investment Officer of Wealth Management for GS.
Who is Sharmin Mossavar-Rahmani?
This Disclosure is required if significant changes affect your loan terms or settlement costs. Lenders must issue it within 3 business days of receiving new information and at least 4 business days before closing.
What is a revised Loan Estimate or Loan Estimate?
In this TV show kids entered the Upside - Down.
What is Stranger Things?
Performing a task perfectly or looking incredibly stylish.
What is Slay?