19. What are Closing Costs- Are the costs associated with closing the transaction. Throughout the industry these fees are generally the same. These fees are lender fees such as:
• Processing fees
• Underwriting
• Doc Prep
• Appraisal
• Wire
• Credit Report
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Other fees include Title Fees, they are for:
• Title insurance
• Notary
• Recording
• Transfer Tax
• Escrow Transaction
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If you desire or are required to have impounds (which we discussed earlier) you will need to pre-pay:
• 1 year homeowners insurance
• 3 to 6 months monthly taxes up front.
• Do not forget your DOWN PAYMENT
FREE home loan information
Keith Woeste
Home Loan Consultant
American Financial Network
330 Tres Pinos Rd.,Ste F3
Hollister, CA 95023
"Making Clients Family for Life"
PH.831-801-8667
FX. 831-665-5260
NMLS#292588
To complete and secure online application go to http://www.hollistermortgage.com
http://www.onlinemortgage-lenders.com
http://www.repairmy-fico.com
http://www.hollistermortgage.com/
http://www.mortgages4california.com
1 comment:
Hello Friends,
You have created a very interesting site. It is very important to have an idea of what you can afford before you go out shopping for homes, so that you aren't looking at homes way below or above what you can afford. Thanks..
Mortgage Buyers
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