Chris Trapani The Mortgage Pro wants you to Fire Your Landlord®

What are closing costs for mortgage loans? This video is about closing costs explained in an easy to understand manner about home loan fees. Common closing costs for a mortgage are Processing, Underwriting, Origination or discount points, Appraisal, Credit report, Escrow or Attorney fees, Title insurance, recording, notary and many escrow companies and title fees have numerous add-ons such as loan tie in fee, printing fee, electronic BS fee (sounds like a lot of BS from title and escrow - that part is!) and there are other fees depending on the companies chosen. Most reputable companies will only charge you a processing and underwriting fee, Points can be charged based on the rate chosen. In most cases, you can have a higher interest rate to reduce or eliminate these fees. The rest of the fees, go to other companies and have nothing to do with the mortgage lender. There are other costs associated with a mortgage loan such as pre-paid interest - which is interest charged per day...

I love our Veterans and take great pride in helping vets get what they both earned and deserve - buying a home with a no money down VA loan! A VA home loan offers a zero down payment, perfect for a first time home buyer of real estate, with a great interest rate for Army, Navy, Marine, Air Force, and Coast Guard Veterans.  The interest rate is usually the lowest in the mortgage industry. The VA loan process offers a veteran home loan mortgage for all veterans that have honorably served and also to those with a general discharge. We start with a DD214 and get your certificate of eligibility and qualify you based on veterans administration guidelines for a home loan. You had our backs, now in just a small way - I get to have yours and help you buy your own home! As a VA lender, it can often be the simplest loan in the business as far as a debt ratio and accepts low fico scores too! Call me and I'll help you Fire Your Landlord® This video is a testimonial from Navy vet,...

Lender fees and common closing costs explained for a home mortgage. Processing, Underwriting, Origination or discount points are paid to the mortgage lender, Appraisal, Credit report, Escrow or Attorney fees, Title insurance, recording, notary and many escrow companies and title fees have numerous add-ons such as loan tie in fee, printing fee, electronic BS fee (sounds like a lot of BS from title and escrow - that part is!) and there are other fees depending on the companies chosen.  These fees are paid to third party companies and not to the mortgage lender. Most reputable companies will only charge you a processing and underwriting fee,  Points can be charged based on the rate chosen.  In most cases, you can have a higher interest rate to reduce or eliminate these fees. The rest of the fees, go to other companies and have nothing to do with the mortgage lender. There are other costs associated with a mortgage loan such as pre-paid interest - which is interest ch...