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2. No-closing-cost refinance: What it is and how it works - AOL

   www.aol.com/finance/no-closing-cost-refinance...

   A no-closing-cost refinance gets rid of the need to pay refinancing fees upfront, but it’s not free. Instead, you’ll finance the closing costs — with interest — as part of your new loan ...

3. Personal loan origination fees and other fees to watch out for

   www.aol.com/finance/personal-loan-origination...

   Your loan costs will be identical with lenders 1 and 2, but you will receive less money to use with Lender 2. Based on the available information, Lender 1 is clearly the better option of the two.

4. Discount points - Wikipedia

   en.wikipedia.org/wiki/Discount_Points

   Origination fee and discount points are both items listed under lender-charges on the HUD-1 Settlement Statement. The difference in savings over the life of the loan can make paying points a benefit to the borrower. Any significant changes in fees should be re-disclosed in the final good faith estimate (GFE).

5. Closing costs - Wikipedia

   en.wikipedia.org/wiki/Closing_costs

   Points, paid by the buyer to the lender but may be reimbursed by the seller. Points are a form of pre-paid interest, charged by the lender as an alternative to charging a higher rate of interest on the mortgage loan. One point equals one percent of the loan principal, and usually reduces the interest rate by 1/8% (0.125).

6. Good faith estimate - Wikipedia

   en.wikipedia.org/wiki/Good_faith_estimate

   This is the cost of the credit report. The lender does not have to pass this cost along to the buyer. 805 - Lender's Inspection Fee; This is the lender's cost of inspecting a property – some may double check the appraisal provided by an independent appraiser 808 - Mortgage Broker Fee; This is the upfront charge that a mortgage broker charges.

7. Mortgage points: What are they and how do they work? - AOL

   www.aol.com/finance/mortgage-points-192840885.html

   Key takeaways. Mortgage points are upfront fees you can pay your mortgage lender in exchange for a lower interest rate. Typically, one point costs 1 percent of the amount you borrow and reduces ...

8. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   A lender will compare the person's total monthly income and total monthly debt load. A mortgage calculator can help to add up all income sources and compare this to all monthly debt payments. [ citation needed ] It can also factor in a potential mortgage payment and other associated housing costs ( property taxes , homeownership dues, etc.).

9. What is a reverse mortgage? How it works, who it’s best for ...

   www.aol.com/finance/what-is-a-reverse-mortgage...

   Lenders can't charge more than $2,500 or 2% of the $200,000 of your home's value plus 1% of the value beyond it, with total origination fees capped at $6,000. Servicing fees.