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what fees are associated to calculate APR on a purchase money loan?

  • March 10 - San Diego
  • 0Yes

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Answers (2)

I want to correct my own answer. Everything is included except Insurance. I saw it on the NMLS test.
  • March 13
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Good question, I have heard several answers and the best rule of thumb is all non recurring costs associated with the loan. In other words everything except prepaid interest, taxes and insurance.

Terry
  • March 12
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