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    provided by an independent appraiser.

    Mortgage Broker Fee

    This is the upfront charge that a mortgage broker charges. Brokers can also earn a “rebate” from the lender which is not listed he

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    Basics

    Your refinance will typically have many different types of fees.

    If you go for a "no closing cost" option you are not really avoiding these costs - you are having them rolled into your loan in the form of a higher interest rate.

    Your loan charges may include:

    Loan Origination Fee

    This fee is a charge for originating or creating the loan.

    Loan Discount

    This is an upfront charge paid to the lender to get a lower interest rate – same as “buying the rate down”.

    Appraisal Fee

    This is the cost of the independent appraisal. It is usually paid by the buyer.

    Credit Report

    This is the cost of the credit report.

    Lender's Inspection Fee

    This is the lender’s cost of inspecting a property – some may double check the appraisal provided by an independent appraiser.

    Mortgage Broker Fee

    This is the upfront charge that a mortgage broker charges. Brokers can also earn a “rebate” from the lender which is not listed her

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    ur loan in the form of a higher interest rate.

    Your loan charges may include:

    Loan Origination Fee

    This fee is a charge for originating or creating the loan.

    Loan Discount

    This is an upfront charge paid to the lender to get a lower interest rate – same as “buying the rate down”.

    Appraisal Fee

    This is the cost of the independent appraisal. It is usually paid by the buyer.

    Credit Report

    This is the cost of the credit report.

    Lender's Inspection Fee

    This is the lender’s cost of inspecting a property – some may double check the appraisal provided by an independent appraiser.

    Mortgage Broker Fee

    This is the upfront charge that a mortgage broker charges. Brokers can also earn a “rebate” from the lender which is not listed he

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    This is an upfront charge paid to the lender to get a lower interest rate – same as “buying the rate down”.

    Appraisal Fee

    This is the cost of the independent appraisal. It is usually paid by the buyer.

    Credit Report

    This is the cost of the credit report.

    Lender's Inspection Fee

    This is the lender’s cost of inspecting a property – some may double check the appraisal provided by an independent appraiser.

    Mortgage Broker Fee

    This is the upfront charge that a mortgage broker charges. Brokers can also earn a “rebate” from the lender which is not listed he

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    y the buyer.

    Credit Report

    This is the cost of the credit report.

    Lender's Inspection Fee

    This is the lender’s cost of inspecting a property – some may double check the appraisal provided by an independent appraiser.

    Mortgage Broker Fee

    This is the upfront charge that a mortgage broker charges. Brokers can also earn a “rebate” from the lender which is not listed he

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    provided by an independent appraiser.

    Mortgage Broker Fee

    This is the upfront charge that a mortgage broker charges. Brokers can also earn a “rebate” from the lender which is not listed here.

    Tax Related Service Fee

    Lender fee, usually small, for handling tax related matters.

    Processing Fee

    This is the charge for processing the loan – collecting your application, running credit, collecting pay stubs, bank statements, ordering appraisal, title, etc.

    Underwriting Fee

    This is the cost of the loan underwriter (approver)

    Wire Transfer Fee

    This is the cost of wiring the money around, which is usually done by escrow.

    Interest for days X $ per day

    This is your prepaid interest for your mortgage loan.

    Mortgage Insurance Premium

    This is the prepaid mortgage insurance premium, if you have one. This is the insurance premium some lenders charge for loans with little equity.

    Hazard Insurance Premium

    This is your

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