Closing Costs - Understanding Mortgage Lender Settlement Fees

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Closing Costs - Understanding Mortgage Lender Settlement Fees
(presented by www.refinance-refinance.net - mortgage lenders)

By Anthony Kirlew

When you purchase or refinance your home, you will have to pay settlements fees. A portion of these fees will be paid to your mortgage company (a.k.a. broker, bank, lender). These fees are broken down into two types of fees; closing costs, or fees associated with the loan, pre-paid items which include interim interest and tax and insurance escrows.

The fees charged by your lender are just a portion of the total closing costs, but if you don

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