What are the fees associated with obtaining a mortgage from Quicken Loans?
Asked a year ago
The fees associated with obtaining a mortgage from Quicken Loans may vary depending on the specific loan program and individual circumstances. Some typical fees include origination fees, which cover the cost of processing the loan, and may range from 0.5% to 1% of the loan amount. Appraisal fees are charged to determine the value of the property, and title fees cover the cost of searching and insuring the property's title. Additional fees may include credit report fees, underwriting fees, and tax service fees. Quicken Loans strives to be transparent with their fees and provides a Loan Estimate upfront, detailing all the costs involved. However, it's important to contact Quicken Loans directly for the most accurate and up-to-date information on fees for a specific mortgage.
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