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I want to know what I can say that a loan of $ 100,000 and I have two points to get a lower interest rate will I pay, except LO know that at $ 2000 ? I need to know if I refinance the loan balance $ 100,000 h. The OL is responsible for 2 points that all he would for documentation and collect it all or pay another fee $ xxxx outside it? Thank you very much everyone answered.I am a leading provider of offshore and give rise to many companies who pay me a share of each balance sheet date, but I think I pay very little to have your responses m helped him if any of you can share I would love to see more.

3 Thoughts on Loan agents fee per point they determine the cost other than that, too?
  1. Reply
    Rylan S
    February 14, 2013 at 4:00 am

    If you are asking for a credit card, loan or mortgage you might really want to check out your credit score in the first instance so as to save embarrassment and disappointment. You’re able to get a free-of-charge credit scoring online over at http://tetepess.tdooner.com they are very professional, and they’ve been featured on television.

  2. Reply
    biggenbill36
    February 14, 2013 at 4:08 am

    Many additional fees involved in mortgage loans. Points are broken out as a fee for the loan(Origination Points) and as a fee to buy down the rate (discount points) Have seen the following charges added to closing docs and many are necessary depending on your state and the terms of your new loan:

    Credit Report
    Appraisal
    Appraisal Review
    Doc Prep
    Title Insurance
    Closing/Escrow Agent fee
    Survey
    Flood Insurance Cert
    Loan App fee
    Prepaids for tax, insurance, PMI, etc…
    Overnight Fee
    Tax Stamps
    Recording fees
    Deed Release Fees
    Etc….

    Not all apply in every case but a reputable lender or loan originator will disclose all possible fees and costs upfront. I would let them know that if something pops up at the last minute. You have no issue not closing and not signing that loan and they will not get paid. If they tell you to quit making your payments on the current loan or any debt you are rolling into the new loan than please beware. This is a tactic of the unscrupulous lender looking to force your hand at the closing table.

    Good Luck!

  3. Reply
    Rusty
    February 14, 2013 at 4:34 am

    Except for the loan origination and the loan application fee all the other charges listed are closing costs, including taxes and homeowners insurance. The lender collects the fees for these charges owed to the different agencies. All of these companies are independent from the mortgage lender. Also these fees can be negotiated between the buyer and seller, where the seller pays some including all or part of the discount fees and the buyers play some. There are restrictions on some things that must be paid by the buyer and on some loans sellers are limited to paying a certain percentage of the loan amount. On VA loans almost all the closing costs, excluding taxes and insurance, must be paid by the seller, This is just a general overview.

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