which include many ad hoc fees in addition to the monthly interest. Working with a mortgage broker can increase the likelihood of a loan application fee because the broker works as an intermediary ...

Origination fees are among the many costs you should research when choosing a mortgage lender. When it comes to the closing costs you’ll face when signing the paperwork for your loan ...

Commissions do not affect our editors' opinions or evaluations. Most mortgage lenders charge an origination fee, which is usually around 1% of the total cost of the loan. The purpose of the fee is ...

Commission fees are usually higher for mortgage loans than other types of loans. Large banks commonly work exclusively through their loan officers, and an independent mortgage broker will not ...

Strengthening your credit score, setting a budget and understanding loan types are key before shopping for a mortgage lender.

Getting a mortgage involves a lot of upfront money — and not just your down payment. It's common for lenders to charge an application fee, an underwriting fee and an origination fee, which are ...