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fees on a mortgage: Fees on a Mortgage - 04/09/07 04:34 PM
Fees on a mortgage cover almost every cost associated with getting a loan. You've already encountered fees upfront for a credit report and a property appraisal. But there are many more fees that you will be expected to pay at closing or settlement, which is generally 30 to 60 days after finalizing the sales contract. These closing costs are outlined in the "good faith estimate." The Real Estate Settlement Procedures Act requires every bank or mortgage company to give the buyer the estimate within three days of applying for the loan. It will list expenses related to inspections, taxes, title insurance … (0 comments)

 

Hank Parmenter

Defuniak Springs, FL

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Coldwell Banker United Realtors

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