Imagine a borrower was obtaining property that have financing out-of $200,000

Imagine a borrower was obtaining property that have financing out-of $200,000 New closing costs were a-1% mortgage origination commission ($dos,000), an assessment commission ($500), label insurance policies ($1,000), or other costs totaling $step 1,five hundred. They wide variety in order to $5,000 in closing costs, which the debtor need to pay upfront. Another option was […]