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Mortgage Refinancing Help: Transportation
“Resist "no cost" refinancing. No cost doesn't mean free. On the contrary: The closing costs are usually bundled into the new mortgage, which means you pay interest on them. The fees associated with a 30-year mortgage could cost you more than double what they would have had you simply written a check for them at closing. Or, if the costs aren't bundled in, you'll be charged a slightly higher interest rate. Either way, the lender wins.
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Mortgage Refinancing Help
: Science: Technology
: Transportation (82)
 Many companies in this industry will do what ever they can to get away with charging you as much as they possibly can. Some of the ways they do this is not disclosing all the third party fees involved in a loan such as title insurance, appraisals, pre-paid tax and insurance escrows etc. It is important that you ask the loan officer you're speaking with about third party fees. If you don't they may not tell you and give you a good faith estimate that sounds fair, but at closing you'll find out that you have to pay a couple of thousand dollars more in fees you were unaware of. A good loan officer at a reputable company should have no problem disclosing all fees that pertain to your loan and should also make sure you understand what the fees are for.
 See also:
 SMRTram »
Horizontal pedestrian mobility system to stretch average walking access distances along selected corridors. Similar to light rail and buses, but with rubber tires on a concrete guideway.
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 Innovative Transportation Technologies »
By Jerry Schneider. Classified descriptions, diagrams, over 40 transport technologies: planned, operating; electric and not; manual, automated; 1-/2-mode; freight/people movers (PRT); top mount, suspended; mono-/bi-rails, automated highways; fora, conference reports.
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 Car Innovations »
How cars might appear in the future.
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 I.N.S.E.A.N. »
Description of research facilities and programs. Includes publications.
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 Predit »
French national program in land transport research and innovation. Information about strategic program efforts to improve performance relative to energy, noise, pollution and environment.
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 The ADVISORS project »
Action for advanced Driver assistance and Vehicle control systems Implementation, Standardisation, Optimum use of the Road network and Safety. Includes project description and reports, a virtual driving lab, and related links.
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 Hydro Lance Corp. »
High Aspect Ratio Twin Hull (H.A.R.T.H.): new, innovative marine ocean ship platform architecture with passive designed, high stability and safety, low fuel use, achieves high speeds in high seas: 50-75 knots.
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 Advanced Transit Association »
ATRA promotes developing technologies such as Personal Rapid Transit (PRT), identifies problems and ways advanced systems can help solve them. Descriptions, studies (download, paper), videos, PRT Model Project, calendar, links.
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 The National Transportation Library »
Provides online access to documents and databases covering all aspects of transportation in the U.S. Material is contributed by public and private organizations around the country and access is free.
Transportation Engineering and Safety Conference - 2006
- Details presentations, speakers, sponsors and exhibitors.
(December 11, 2002)
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 Automated People Mover Standards Committee »
An organization developing standards for automated people movers. Includes publications, directives, and meeting notes.
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 Many companies in this industry will do what ever they can to get away with charging you as much as they possibly can. Some of the ways they do this is not disclosing all the third party fees involved in a loan such as title insurance, appraisals, pre-paid tax and insurance escrows etc. It is important that you ask the loan officer you're speaking with about third party fees. If you don't they may not tell you and give you a good faith estimate that sounds fair, but at closing you'll find out that you have to pay a couple of thousand dollars more in fees you were unaware of. A good loan officer at a reputable company should have no problem disclosing all fees that pertain to your loan and should also make sure you understand what the fees are for.
If you are able to get a lower rate that what you currently have, you can save tens of thousands of dollars over the life of your loan. Also, most lenders don't charge as many fees to refinance a mortgage and depending on how much equity you have in your home you may be able to roll the closing costs into your new loan, still have a lower balance than your original loan, a lower rate, and a lower payment.
Be Ready. After your loan is approved, you'll need to sign your loan documents and provide a check for any out-of-pocket closing costs. Make sure the funds are available in your account, and be ready to make room in your schedule to read and sign your loan documents as soon as possible.
If you want to make sure the interest rate your lender offers you is the rate you get when you close the loan, ask about a mortgage lock-in (also called a rate lock or rate commitment). Any lock-in promise should be in writing. Make sure your lender explains any costs or obligations before you sign.
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