Closing Costs & Points

Q: What are points and closing costs? How can they help as a tax write-off?
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Q: How do I avoid Junk Fees on a mortgage?
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Q: When I went to sign the final papers for my recent FHA refinance, I was surprised to find that I was being charged a $1500 origination fee plus appraisal and other miscellaneous fees when I was told upfront this was going to be a no cost loan where FHA paid the costs. I was out of time and had to close. What can I do?
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Q: Can you point me to a resource that would allow me to compare the myriad fees (courier, origination, etc.) against what’s reasonable and customary?
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Q: What is included in 'points' you pay for closing costs? I was quoted a 'no-points loan' and then got charged 1% for an 'origination fee.' Isn't that part of the points?
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Q: Can you tell me what is considered average refinance fees on a 15-year $250,000 loan less points?
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Q: I close in only 3 days and just got my good faith estimate from my lender, with some interesting charges. I was told I was not going to pay points, yet I have something called a yield differential. From what I can tell this is a fee based on points. Am I right?
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Q: Do you know if points are deductible at the time of borrowing under a reverse mortgage? I have been told that interest might only be deductible at the end, when the loan is paid off.
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Q: I am in Chapter 13 and am refinancing my mortgage. My present mortgage company just sent a payoff quote showing that I owed $400 for fees incurred for the bankruptcy. Is that a legal charge? I am still very much in the middle of bankruptcy.
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