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April 10, 2006
Tooth Fairy To Pay Closing Costs
The only real way to compare offers from mortgage brokers is to calculate the Net Present Value of the various loan packages.
Lenox Financial Mortgage and other dishonest mortgage brokers look for suckers who believe that they'll "never pay a nickel" in closing costs. Not true. The borrower always pays closing costs, in one form or another, at closing or after.
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Posted on April 10, 2006 09:40 AM by Mortga104.
Filed in Mortgage Calculator under mortgage brokers.
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