American_Bankers_Association

CTFA · Question #236

In mortgage loans closing costs are made up of all of the following Except:

The correct answer is B. Loan application and origination fees paid to the borrower. See the full explanation below for the reasoning.

Investment Management

Question

In mortgage loans closing costs are made up of all of the following Except:

Options

ALoan application and origination fees paid to the lender
BLoan application and origination fees paid to the borrower
CMortgage points
DTitle search

How the community answered

(53 responses)

A
9% (5)
B
83% (44)
C
2% (1)
D
6% (3)

Topics

#closing costs#mortgage origination fees#mortgage points#title search

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