Closing costs are another subject that can be very complicated and confusing when comparing and investigating mortgage loans. The mortgage industry often complicates closing costs, which creates confusion and frustration.
Many different and ambiguous names exist for certain costs making the fees inconsistent and unclear. Closing costs often include origination fees, discount fees, broker fees, appraisal fees, underwriting fees, processing fees, title charges, escrow deposits, earnest money, and more.
We help you navigate closing costs to clear up confusion and ensure you don’t pay unnecessary fees.