Saturday, December 26, 2009

Discount Title Insurance I Am Refinancing My House, But What Do All Of These Fees Mean? Where Is My Money Going?

I am refinancing my house, but what do all of these fees mean? Where is my money going? - discount title insurance

I am not sure that these charges are. What does this mean? I am refinancing my house and I want to know who paid my money to. What is a mortgage broker fee? And all the other costs?

Loan Office. 221,250 Int rate of 6.625
To pay 800 units in the context of the loan:
801 Loan Origination Fee 2215.5
802 loan rate discount 2215.5
803 evaluation fee (400)
808 Free Mortgage Broker 400.00
810 handling fee of EUR 900.00
950.00 Administration of the Commission
Fee 495.00
Expenditure Title 1100
The closing costs or escrow-1101: Estimated Escrow 650.00
1105 cost of preparation of documents 150.00
1106 Notary Fees 150.00
Title Insurance 1108 Title estimated 850.00
Various 250.00

1200 recording and transmission of government
1201 Registration Fees 90.00

Estimated cost of closure 9409.00

Estimated prepaid items / reserves 1280.00
Closing Cost Est 10,689.00

0 comments:

Post a Comment