| tart --> | | | | Home Mortgage Refinance Loan Origination Fees |
| If you are a homeowner considering mortgage | | | | Origination fees are paid to the Mortgage Company or |
| refinancing, it is important to know what reasonable | | | | broker that completes your home mortgage refinance |
| fees you can expect to pay. Comparison shopping for | | | | loan. Your home mortgage refinance loan origination |
| a home mortgage refinance loan will save you | | | | fees should not be higher than 1-1.5% for a home you |
| thousands of dollars if you know what reasonable | | | | live in. If you are refinancing an investment property |
| rates and fees are. Here are several tips to help you | | | | you can expect your origination fees to run 2-2.5%. |
| avoid overpaying fees when taking out a home | | | | Home Mortgage Refinance Loan Junk Fees |
| mortgage refinance loan. | | | | The next fee to locate on your Good Faith Estimate is |
| Mortgage refinancing can save you thousands of | | | | the home mortgage refinance loan processing fee. Do |
| dollars when done correctly. When comparison | | | | not pay more than $400 for loan processing; anything |
| shopping for a home mortgage refinance loan, it is | | | | more and the mortgage company is gouging you with |
| important to compare lender fees, closing costs, and | | | | the processing fee. Lastly, look for anything on the |
| interest rates using the Good Faith Estimate. Many | | | | home mortgage refinance loan Good Faith Estimate |
| financial advisors tell you to pick a mortgage based on | | | | that resembles a broker origination or courier fee, |
| the Annual Percentage Rate; however, the APR does | | | | application fee, loan submission fee, or lock fees. |
| not give you enough information to make an informed | | | | These are mortgage company junk fees that you |
| decision. | | | | should never agree to pay. |