Know Your Bank: Compare Rates And Find The Best Banks

Know Your Bank. Know Your Bank is a free tool that provides knowledge for your financial decisions. Compare rates & find the best banks,...

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Knowyourbank.com news digest

  • 7 years

    What Is A Prepayment Penalty?

    What Is a Prepayment Penalty? A prepayment penalty is exactly what it sounds like, a penalty for paying off your loan early. Certain mortgages, and specifically home equity lines of credit, can come with a prepayment penalty. It’s best to understand...

  • 8 years

    Types of Home Inspections: Tips and List

    When you’re buying a home, there are certain inspections that are a required part of the mortgage process. There are also some which are voluntary. When you’re working with a tight budget, as many homebuyers are, going the cheap route may seem smart...

  • 8 years

    What Is The New Good Faith Estimate (GFE)

    The new GFE In October of 2015, a new Good Faith Estimate (GFE) was introduced to make closing costs and loan terms easier to understand for borrowers. This new document, also referred to as the Loan Estimate, replaces the previously used GFE and Truth...

  • 8 years

    Lending Club vs Prosper – Differences in Borrower Experience

    In the peer-to-peer (P2P) lending space, Lending Club and Prosper are the two heavyweights in the industry. Prosper is the first P2P lending site out of the gate, and Lending Club is now the largest (Prosper is #2). In fact, the two companies are practically...

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