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Mortage Lending Fees

How do a mortgage lender make money & how much do they make on a typical loan of $200,000??
  • July 04 2013 - US
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Answers (1)

Thank you for posting your question in Zillow Mortgage Advice!

The most important thing to remember is that lender fees vary between lenders. As lender fees vary, it is always best to contact a lender directly to get a better idea about for what and for what amount they are charging fees.

The good news is that you can get free mortgage quotes in our Zillow Mortgage Marketplace. Use this tool to input things like your income, desired loan amount, down payment amount, etc. and you will receive custom quotes and contact information for the lenders who are able to provide them. In addition, you will be able to view the list of fees associated with the rate you derived from the loan information you inputted into the fields.

I hope this helps!

Kimberly
Zillow
Mortgage Support
  • July 23 2013
  • 0Yes

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