Mortgage Forum
How Much Does This Cost?
This is a discussion on How Much Does This Cost? within the Mortgage Legal forums, part of our Mortgage Chat category; Does anyone know how much typically each one of those fees/charges would be based on like $100,000 so ...
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May 1st, 2008, 10:01 AM
| #1 |
| Senior Member Join Date: Apr 2008
Posts: 804
|  How Much Does This Cost? Does anyone know how much typically each one of those fees/charges would be based on like $100,000 so we could all see if we were overcharged? Or does it vary by state or type of property? I am so going home to see I got charged both the loan origination fee and the mortgage broker fee. |
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May 7th, 2008, 10:20 PM
| #2 |
| Administrator Join Date: May 2008 Location: louisiana
Posts: 41
| Loan origination and mortgage broker fees vary a lot. It is also a great issue to negotiate over. Many lenders and loan brokers are willing to come down on their listed fees. I have personally haggled to have my loan origination fees for my home loan completely removed. I don't know what the averages are, but maybe this will help you. One other thought- never go into a home loan closing without knowing all of the fees. If you don't know what you are being charged for when you meet with the title attorneys, you haven't done your homework. |
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May 9th, 2008, 08:01 AM
| #3 |
| Member Join Date: May 2008 Location: Binghamton, NY
Posts: 43
| Take Gtulls advice and never go to a closing not knowing the fees included. Good Luck!
__________________ Recent college graduate with a credit consolidation concentration. Last edited by rachael24; May 12th, 2008 at 06:27 AM. |
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