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Mortgage Refinance: No Free Lunch, But Tasty in the Right Circumstances

What does it mean when a lender claims he or she is “paying your mortgage costs?” Well, it looks like that’s what they are doing because of the way many structure your Good Faith Estimates (GFEs). You’ll see a boat load of charges, and  then  (phew!) it shows the lender reversing or paying the fees. But there’s no free lunch! Continue reading ‘Mortgage Refinance: No Free Lunch, But Tasty in the Right Circumstances’

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