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  2. Home equity loan - Wikipedia

    en.wikipedia.org/wiki/Home_equity_loan

    A brief list of fees that may apply for home equity loans: Appraisal fees; Originator fees; Title fees; Stamp duties; Arrangement fees; Closing fees; Early pay-off fee; Inactivity fee [3] Annual or Membership fee; Surveyor and conveyor or valuation fees may also apply to loans but some may be waived. The survey or conveyor and valuation costs ...

  3. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    A mortgage calculator can help to add up all income sources and compare this to all monthly debt payments. [citation needed] It can also factor in a potential mortgage payment and other associated housing costs (property taxes, homeownership dues, etc.). One can test different loan sizes and interest rates.

  4. Commercial mortgage broker - Wikipedia

    en.wikipedia.org/wiki/Commercial_mortgage_broker

    In Australia, mortgage brokers must be licensed by the Australian Securities and Investments Commission (ASIC). To obtain a licence, brokers are required to complete and lodge application form CL01 with ASIC. Additionally, they must fulfil the fitness and propriety requirements under the National Consumer Credit Protection Act 2009. [1] [7]

  5. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...

  6. Multiple listing service - Wikipedia

    en.wikipedia.org/wiki/Multiple_listing_service

    A multiple listing service's database and software is used by real estate brokers in real estate (or in other industries, for example, aircraft brokers [1]), representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller's broker in ...

  7. Real-estate industry rocked by $1.8 billion verdict finding ...

    www.aol.com/finance/real-estate-industry-rocked...

    Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees Alena Botros, Sydney Lake October 31, 2023 at 8:16 PM

  8. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    Each charge starts with a number – the same number as the number of the charge on a HUD-1 Real Estate Settlement Statement. This makes it easier to compare the charges a loan applicant receives on the good faith estimate to the HUD-1. 800 ITEMS PAYABLE IN CONNECTION WITH LOAN: 801 - Loan Origination Fee

  9. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Origination is regulated by laws including the Truth in Lending Act and Real Estate Settlement Procedures Act (1974). Credit scores are often used, and these must comply with the Fair Credit Reporting Act. Additionally, various state laws may apply. Underwriters receive the application and determine whether the loan can be accepted.

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