Posts Tagged ‘Closing Cost’

Why do they charge so much for a home mortgage? If they are already getting the loan why do I pay closing cost

Friday, November 7th, 2008
home mortgage loan credit
Jav B asked:


The mortgage institution will be making hundreds of thousands of dollars over the life of the loan in interest therefore the closing cost should be “0″ Ex. You can get a credit card (loan) and is free, they will make money on the interest

Frederick