Closing Cost Explained
Many folks find closing costs confusing at best and down right frighting at worst. This video will help you understand these costs and help you as you shop for a mortgage. What exactly are closing costs and what and you paying for. Closing costs are things like your appraisal, your title work then there are loan doc prep fees, tax service fees, underwriting fees, processing fees, credit report, and flood certification. I have seen people charge for faxing of documents. Anything that is a cost associated with closing your loan would be considered closing costs. One exception would be if you have [...]
