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mortgage junk fee

Loan Processing Fees

September 28, 2007

If you are in the process of taking out a new mortgage to purchase your home or refinance your existing mortgage, the fees you pay can make the difference between getting a great mortgage loan and paying too much. The fees on your Good Faith Estimate are often cryptic and many brokers leave the [...]

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Mortgage Loan Processing Fees: Junk or Not?

September 13, 2007

Mortgage loan processing is a confusing aspect of refinancing for many homeowners. Many mortgage brokers charge a fee as high as $500 or more; however, isn’t this just a junk fee?
Many mortgages brokers justify their fee by saying they use a “professional loan processor” to process their files. First of all, [...]

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