February 16, 2007

Mortgage Broker Company: What Closing Costs?

Filed under: Mortgage Broker Company - 16 Feb 2007

When you work with your lender, you will receive a “Good Faithe Estimate” for your closing costs.  Your lender prepares a list of the costs you may have when purchasing or refinancing your home.  Be aware that not all potential …

December 18, 2006

Mortgage Broker Company - Seller paying closing costs

Filed under: Mortgage Broker Company - 18 Dec 2006

It is now very common to have sellers pay the closing costs for buyers purchasing a home.

This gets financing for your closing costs. 

For conventional loans this means the seller can pay non-recurring closing costs. 

If it is a VA loan you …

Mortgage Broker Company - Closing Costs not of the lender

Filed under: Mortgage Broker Company - 18 Dec 2006

Escrow/Settlement Fee - they vary from state to state

Title Insurance - This lets you know you have clear title to the property you are purchasing. 

Notary Fees - Loan documents should be notarized.

Recording Fees - Certain documents will be recorded with …

November 28, 2006

Mortgage Broker Company - Closing Costs

Filed under: Mortgage Broker Company - 28 Nov 2006

A lender will usually prepare a “Good Faith Estimate” of closing costs.  The lender prepares the estimate of the costs you may have when buying or refinancing your home but may not list all potential costs. The lender may not …