There are a variety of fees associated with buying a property an explanation of lender closing fees in Burlington MA.
Lender Closing Fees
Points are a way for buyers to get a lower interest rate. It involves paying interest up-front to ensure lower payments for the life of the mortgage. This option can be useful for homeowners who need a smaller payment in order to qualify.
Origination charges vary from lender to lender. It typically covers the mortgage company processing of the mortgage Lender Closing Fees
The lender closing fees provided above are only a few of the actual charges that may be billed by your mortgage company. For a complete list of potential expenses that you may be responsible for, or for assistance with other real estate or mortgage needs, contact Peter DaMore at Law Offices of Peter T. DaMore Jr. by calling 781-229-7900 or emailing email@example.com.