Should You Compare Prepaids and Escrows When Shopping Mortgage Lenders?
Yes, you should avoid comparing escrow and prepaid numbers on a loan estimate between different lenders.
what is this per diem interest on my mortgage loan estimate?
What is this per diem interest on my mortgage Loan Estimate?
Per diem interest is the daily interest charged on your mortgage. Typically, mortgage lenders collect interest from the date of the mortgage