Mortgage fees to rise for buyers with high credit scores, fall for those with lower scores
https://www.siliconvalley.com/2023/05/01/mortgage-fees-to-rise-for-buyers-with-high-credit-scores-fall-for-those-with-lower-scores/
Heads up, homebuyers! Big changes have arrived in the way mortgage fees are calculated, and they could offer a windfall — or an unexpected surcharge — for your next home purchase.
Starting Monday, some fees will rise for homebuyers with higher credit scores, while buyers with lower scores will see a fee reduction. In the Bay Area, the change could shift total mortgage closing costs by thousands of dollars.
Mortgage fees to rise for buyers with high credit scores, fall for those with lower scores
May 1, 2023, 2:14pm UTC
https://www.siliconvalley.com/2023/05/01/mortgage-fees-to-rise-for-buyers-with-high-credit-scores-fall-for-those-with-lower-scores/
> Heads up, homebuyers! Big changes have arrived in the way mortgage fees are calculated, and they could offer a windfall — or an unexpected surcharge — for your next home purchase.
> Starting Monday, some fees will rise for homebuyers with higher credit scores, while buyers with lower scores will see a fee reduction. In the Bay Area, the change could shift total mortgage closing costs by thousands of dollars.