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Mortgage Fees

Price 
Location 
Submitted by  
Description
$ 3700
Mar 2008
Scottsdale, AZ
All closing fees for new home mortgage  more... close row
$ 2400
Apr 2008
Bellingham, WA
Closing cost, loan fees, and title cost  more... close row
$ 1108
May 2008
Jim Thorpe
Qualified buyers can ask for special favors sometimes  more... close row
$ 2000
Oct 2006
Columbus, OH
Many different fees for mortgage  more... close row
$ 3385
Jul 2006
San Jose, CA
One point loan fee for lender  more... close row
$ 300
Sep 2007
Orem, UT
Consolidating credit card debt  more... close row

Description of service

My wife and I were looking for a way to consolidate our credit card debt and cash out for some home improvement projects. We finally decided to take out a second mortgage against our house. Did some searching on the Internet for companies that we would possibly work with and selected a nationally recognized company because of their competitive interest rate, closing fees and speed in processing the loan.


Review of Service

The service was fantastic. From the application process to closing, it took a total of no more than 10 days. The loan officer gave your information to the processor who sent all of the paperwork we needed to sign via overnight mail. Included with the forms was a return envelope which was also overnight mail. Once we made it through underwriting, an appointment was set up with the person who does the closing. He actually came to our house at the day and time that we wanted. Closing took no more than an hour. Be prepared to sign tons of documents.


Tips

Too often, people look just at the interest rate and decide who to go with. Be sure to get a Good Faith Estimate to see what junk fees you might end up carrying on your loan. Some loan officers will pad the fees so they get a higher commission. Also, make sure the difference between the actual loan amount and the APR is as small as possible. The higher the APR, the more junk fees that are carried throughout the life of the loan. If you aren't sure about terms used in loans, do some research on the Internet so some slick sales guy doesn't overwhelm you with terms. Finally, if you don't like the person you are working with, break it off. Listen to your intuition.


$ 3150
Feb 2008
Mobile, Alabama
Refinancing requires signing name 100 times  more... close row
$ 2300
Sep 2006
Greenwood Village, CO
Always read before you sign  more... close row
$ 440
Mar 2007
Oklahoma City, Oklahoma
Mortgage offer from corporate bank  more... close row
$ 350
Jan 2008
Portland,or
Too many fees from mortgage broker  more... close row
$ 0
Jan 2006
Boiling Springs, SC
Home loan was free because of high credit score  more... close row