How to Avoid the New High Mortgage Lender Fees and Keep More Cash in Your Own Pocket


Ask Carolyn Warren

Money 2The annual report for lender fees, state by state, is out. Is your state on the five most expensive or the five least expensive states in which to close a mortgage loan?

That’s an interesting question, but more important is how do you avoid paying those over-priced closing costs, no matter what state you are in?

It is my pleasure to tell you that I see Good Faith Estimates from all over the U.S., and from all types of lenders: banks, brokers, credit unions, and other direct mortgage lenders. None of my clients (and I expect that none of my book readers either) are paying the new higher fees stated in this report.

None! They’re too smart for that. They keep more of their cash in their own bank accounts and shell out less for inflated origination costs padded by junk fees.

Five Most Expensive States for Mortgage Fees

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