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how much are lender's fees on a 300K purchase?

By sammie1luv280128 from OR Mar 5th 2014
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Most actual lender fees out side of title and ecrow (taxes and insurance) are going to range from 1500 to 2500 including appraisal. Here a Fairway we make it simple with two options. A 995 flat fee or our on cost option depending on what your objections are and the type of transaction. Feel free to call me at 503-765-1151 to detail it out for you. Hope that helps!

Mar 5th 2014
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Our fee is $795. There are other third party fees however. I'd be happy to run down all estimated closing cost and pre-paids along with explain their purpose. Feel free to call 206.631.2212.

Mar 5th 2014

Hi there, great question. One I get all the time. There is no standard answer to that question as most lenders have different fees that they charge in general. You can expect to pay anywhere from 1000 to 2000 for lender fees that include processing and underwriting fees (admin). Aside from that with the rates still low you shouldn't really need to pay points (to buy your rate down further) - I would love to talk to you about this - I am right up the road from you in Portland and have been doing home loans for Oregon residents for the past 8 yrs. Most Oregonians prefer to work with Oregon lenders so I hope to hear from you. Brian Hurych 503-207-2181 direct or email bhurych@pmblending.com - I would be happy to go over some basic information with you and see where you are in the process. Thank you

Mar 5th 2014

Sammy, at Network Capital Funding, we have zero lender fess associated with your financing. The only other costs would be title and escrow fees which go directly to those companies.Please let me know if I can get you a same day quote for your current needs.

Mar 5th 2014

Lenders fee should not be any more than between 300 to 900 depending on the lender. The only reason they would be higher is if you have chosen to buy the rate down.

Mar 5th 2014

Generally speaking, lender fees are the same across all lenders... How you pay for them can vary greatly. People quoting low fees hide the real cost in a higher rate. No one works for free, and the real costs to originate a loan are the same with everyone.

Mar 6th 2014








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