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Real Estate Glossary

What's a RESPA?

RESPA is a federal law that regulates certain aspects of the mortgage lending process, including the disclosure of certain information to consumers. It is meant to protect consumers from deceptive practices, by requiring lenders to provide borrowers with detailed information about the costs associated with their mortgage loan and the services provided by the lender or broker. This includes disclosures such as the Good Faith Estimate and HUD-1 Settlement Statement.

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Legal Disclaimer: Information is current as of May 14, 2024. Beycome Corp. may modify or discontinue products and benefits without notice. Eligibility and underwriting requirements must be met. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition); such should be independently verified, and Beycome expressly disclaims any liability in connection therewith.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty LLC is licensed in AL, CA. CT, GA, IL, IN, MI, MN, NC, SC and TX.
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IDX© information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

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