Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Personal Finance

Iwhen applying for a mortgage,is there any way to eliminate the :mortgage origination fee"?



someone told me they had the mortgage origination fee taken off the closing?is this possible

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K
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Take care,

Tom
http://home-mortgage-report.com...
Yes. If you can get the broker or lender to eliminate their fee, you can have it taken off. The Loan Origination fee, mortgage origination fee, and mortgage broker fee are basically they same fee paid to the broker or lender for performing the mortgage. They are just different ways of saying the same thing. Therefore, if you can get your Loan Officer or Broker to take off the fee, it will then be off of the HUD (final settlement statement) at the closing.

Hope this helps. Good luck.
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