Real estate blog entries tagged with no cost loans by Colleen Craig (Southern California Mortgage Professional)

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Home : Blogs : Colleen Craig : Colleencraig.com Blogs : Tag "no cost loans"

no cost loans: No Cost Loans - 01/08/11 06:16 PM

No Cost Loans
I recently had a client mention that they saw an advertisement from one of the big well known banks about a no cost refinance. How does this work? Why would some companies charge fees to purchase or refinance and others do not?
Well it’s quite simple. They ARE charging you, but you may not realize it.

To obtain a loan for the purchase of a home or to refinance your current loan there are costs involved to all the parties doing the work. It costs everyone money….. Period. There are fees for processing, underwriting, appraisals, title, … (3 comments)

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Colleen Craig

Santa Clarita, CA

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Southern California Mortgage Professional

Office Phone: (661) 310-8536

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