What is a deferred interest fee
I was told I was being charged over $300 for a deferred interest fee, yet this was never told to us. When we signed the papers to rework the payments, there were 0 costs, we have never been late. I'm still not getting any answere's from my lender, it doesn't matter how many times I call, I am getting the runnaround. I pay $216.21 extra per month towards the principal and for 2 months now that extra money is nowhere to be found! Can someone please help me understand why this is happening? Thanks for any help you can suggest.
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(Source: mortgagefit.com)
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