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    Unnecessary closing costs and mortgage interest cost homeowners $16 billion dollars every year according to the Secretary of Housing and Urban Development. Do you want to avoid being taken advantage of when mortgage refinancing? Here are several tips to help you avoid unnecessary closing costs when refinancing your mortgage loan.

    When comparison shopping for a new mortgage loan it is important to request a copy of the Good Faith Estimate from each lender you consider before submitting your application. Use the Good Faith Estim

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    the Secretary of Housing and Urban Development. Do you want to avoid being taken advantage of when mortgage refinancing? Here are several tips to help you avoid unnecessary closing costs when refinancing your mortgage loan.

    When comparison shopping for a new mortgage loan it is important to request a copy of the Good Faith Estimate from each lender you consider before submitting your application. Use the Good Faith Esti

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    refinancing? Here are several tips to help you avoid unnecessary closing costs when refinancing your mortgage loan.

    When comparison shopping for a new mortgage loan it is important to request a copy of the Good Faith Estimate from each lender you consider before submitting your application. Use the Good Faith Esti

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    When comparison shopping for a new mortgage loan it is important to request a copy of the Good Faith Estimate from each lender you consider before submitting your application. Use the Good Faith Esti

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    od Faith Estimate from each lender you consider before submitting your application. Use the Good Faith Estimate to compare loan offerings paying attention to the itemized closing costs; don’t focus on the total closing costs because lenders often low-ball third party charges to make their loan offers appear more attractive.

    Watch out for lender junk fees; if you find anything on the Good Faith Estimate that resembles an application fee, lock fee, or broker courier, these are junk fees that you should question your mortgage repre

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