Mortgage Terminology

Closing costs is a term for all the fees that come at the end of your purchase, sale, or refinance. Your mortgage loan covers your future interest and principal payments, but the closing costs are an additional grouping of fees required to finish your transaction. #thehelpfulLO #home #house #listreports #vocab #themoreyouknow #closing #closingcosts #finances #investment #loanofficer #mortgage #realestate