Скачать или смотреть Mortgage Closing Costs Explained: Bank Closing Costs Vs Escrows & Government Fees

This video explains in depth the Three Categories that make up Real Estate Settlement Charges: 1. Bank Closing Costs 2. Escrows & Prepaids. 3. Government Fees.
Since box number 2 & 3 are mostly the same no matter where you shop, it is box number 1, Bank Closing Costs that make all the difference
when shopping and comparing among lenders.
The Great Rates Low Closing Cost Mortgage lender model will usually have zero junk fees such as " processing fees " or " underwriting fees".
Also, that lending business model will pay most of the third party bank closing costs for the borrowers so that the borrower only pays a small amount of bank closing costs such as $149 plus recording for a refinance or $450 plus recording for a purchase.
This type of lender usually services all their own conventional loans and gets paid to do so. Additionally their high volume of loans makes up for their typically lower profit margins.