Thank you all. It was my mistake skipping the title fee (3185) in the calculation and I now added it.
My broker told me that we would most likely getting the loan from Quicken.
I am thinking of checking with another agent/ bank for comparison purpose.
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- Thu Feb 16, 2017 4:28 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mortgage fees- Is this reasonable?
- Replies: 14
- Views: 1428
Hello all, First time home buyer here and currently looking to buy in NJ/NY area. Our budget is around 700K with 20% downpayment (140K). Loan is about 560K, 4.25% interest for 30 year loan We have a contacted a mortgage broker who quoted the following fees: Origination costs: None Third party fees: ...