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Mortgage Refinance - What Are All Those Closing Costs? \| Get The

Mortgage Refinance - What Are All Those Closing Costs? | Get The

This is a discussion on Mortgage Refinance - What Are All Those Closing Costs? | Get The within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Some people who decide it’s time for a bmortgage/b refinance aren’t prepared for the closing costs associated with the loan. ...

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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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11-20-2008, 03:32 AM

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Mortgage Refinance - What Are All Those Closing Costs? | Get The ...

Some people who decide it’s time for a bmortgage/b refinance aren’t prepared for the closing costs associated with the loan. They think that they’ve already paid closing costs and all the other fees associated with the purchase of the b.../b

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closing, costs, mortgage, refinance

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