Ever wonder what that long list of mortgage fees covers? The possible mortgage fees are numerous, but they can be lumped into several categories for clarity.
All the above fees are paid directly to the lender to compensate for the time and resources involved in processing the loan.
To help you estimate the total cost of your home purchase, you will receive a complete list of all fees and costs just a few days after your application is received by your lender. It is helpful to keep in mind that not all lender fees are alike. And, because Tech CU has some of the lowest fees in the business, we welcome you to compare our mortgage lending fees to those of other lenders.