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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...

   No upfront payment: There’s no need to come up with a few thousand in cash. Break-even sooner: When you pay closing costs to refinance, it can take some time for the new monthly payments to help ...

3. Discount points - Wikipedia

   en.wikipedia.org/wiki/Discount_Points

   For each point purchased, the loan rate is typically reduced by anywhere from 1/8% (0.125%) to 1/4% (0.25%). [ 1 ] [ 2 ] Selling the property or refinancing prior to this break-even point will result in a net financial loss for the buyer while keeping the loan for longer than this break-even point will result in a net financial savings for the ...

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

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

   Origination fees are typically a percentage of the loan amount and can be paid upfront, added to the loan balance, or taken out of the loan proceeds. ... Lender 1. Lender 2. Lender 3. Origination ...

5. 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.

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

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

   In this example, the borrower bought two discount points costing 1 percent of the loan principal, or $3,200 each. By buying two points for $6,400 upfront, the borrower’s interest rate shrank to ...

7. Loan modification in the United States - Wikipedia

   en.wikipedia.org/wiki/Loan_modification_in_the...

   The Program will share with the lender/investor the cost of reductions in monthly payments from 38% DTI to 31% DTI. Servicers that modify loans according to the guidelines will receive an up-front fee of $1,000 for each modification, plus “pay for success” fees on still-performing loans of $1,000 per year.