Term: Discount Fee
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6 Fees to Look Out for When Buying a Home

By Steven Shaw on 3/25/2015

6 Fees to Look Out for When Applying for a Mortgage

Let’s cut to the chase. Obtaining a mortgage to buy a home, or to refinance one you already own, is not cheap. No two ways about it, acquiring property is going to cost you some bucks. However, knowing ahead of time what fees lenders charge — including both upfront and later in the transaction — can help ensure you’re getting a fair and competitive loan offer.

Application Fee
Appraisal Fee
Discount Fee
Home Loan
Lender Credit
Lock Fee
Origination Fee