Contact us to learn more about any of these costs!



Understanding Mortgage Costs




When you see that sign on a house, check out the listing online and find out that the sell price is $250,000 - keep in mind that there are other costs that you may have to take into consideration if you decide to buy.


Here's a short list of some of the other costs that may come up:


  • Down Payment

  • Loan origination fees

  • Interest rates

  • Discount points

  • Private Mortgage Insurance

  • Property Taxes

  • Moving expenses

  • Inspection fees

  • Lawyers' fees (some states require legal representation)


Always speak with a mortgage professional; they should make it clear to you exactly what costs are involved in your transaction.


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