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Computerized Loan Origination Fee
May 7, 2007
Everyone loves a good deal and qualifying for the lowest mortgage interest rate can save you a pile of cash over the life of your mortgage loan. There are however, a number of problems that come up when refinancing online and if you’re not careful result in overpaying thousands of dollars. Here are several tips [...]
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April 27, 2007
If you are in the process of refinancing your California home mortgage on the Internet, Computerized Origination fees could cost you as much as $1,300 for your new loan. This happens to homeowners who do not read disclosure statements found on many of the mortgage sites found online. When shopping for a new California mortgage [...]
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March 22, 2007
If you are in the process of refinancing your mortgage loan there are a number of garbage fees you need to know about. Unknowingly paying these fees will result in paying thousands of dollars unnecessarily for your new mortgage loan. The garbage fees I am referring to pertain to the “Computerized Loan Origination Fee” charged [...]
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March 7, 2007
One garbage fee you are likely to encounter when refinancing your mortgage online is the so called “Computerized Loan Origination” fee. The problem with this fee is that by the time you learn that you’re required to pay it, you’ve already agreed to pay it. So what is a “Computerized Loan Origination” fee? This is [...]
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My name is Robert Regehr and I’m a personal finance blogger with a chip on my shoulder for banks and mortgage brokers that take advantage of my friends and neighbors.
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