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Mortgage Professor about junk fees: 
What Are Mortgage "Junk Fees"?
August 3, 1998 "I have been warned to watch out for junk fees. What are they, and how much might they cost me?" Junk fees are upfront charges by the lender that are not included in "points". Junk fees are expressed in dollars whereas points are expressed as a percent of ... more...

How to Estimate Junk Fees
September 21, 1998 "Junk fees" can be defined as all fees imposed by lenders as a condition for the granting of a loan which are defined in dollars, rather than as a percent of the loan. [See What Are Junk Fees?] Fees ... more...

junk fees related definitions

Closing Costs
Closing Costs Expenses incurred by the buyer and seller in a real estate or mortgage transaction. There are two types of costs: recurring and non recurring. Non-recurring costs are one time transactional costs ... more...

Settlement Costs, Closing Costs
Settlement Costs, Closing Costs Expenses incurred by the buyer and seller in a real estate or mortgage transaction. There are two types of costs: recurring and non recurring. Non-recurring costs are one time ... more...

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Get Free junk fees Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Avoiding Credit Card Traps
The next time you open your credit card statement, take a closer look at the small insert titled changes to your credit card agreement. You know the one Im speaking about. Its that small, folded paper written in legalese that you promise to read some other time (but of course that time never ... more...

New Home Mortgage? Preparing for the Mortgage Loan Process
Two common mishaps that are associated with deciding on a mortgage lender are:1) Not Being Prepared2) Not Shopping Around - If you have decided to take the mortgage plunge, it is in your best interest to be as prepared and knowledgeable as possible. Do research on different types of lenders, such ... more...

Credit Cards and Home Equity Loans Read the Fine Print
These days, everyones lives are burdened with paperwork. With newspapers, magazines, bills, junk mail, and who-knows-what taking up space in their day, few people have time to look at every piece of paper that comes their way. Unfortunately, its becoming more and more necessary to carefully ... more...

Credit Cards for People With Bad Credit How to Avoid Getting Ripped Off
If you've had credit problems, then you've probably received offers for credit cards aimed at people with bad credit. These offers range from legitimate, to questionable, to outright scams. How can you tell the difference? The answer is to read the fine print, usually to be found in a document ... more...

Creative Ways to Finance a Business Purchase
Youve just walked out of a business owners office, who has grown an established, profitable business that he is willing to sell to you, for very favorable purchase terms, at a fair price, but you have no clue how you are going to raise the necessary capital required to complete the purchase. ... more...

15 Important Credit Card Terms to Consider Before Applying for a Credit Card!!
If you don't understand the language, credit card offers and statements could lead you to deep debt -- or at least furious frustration. For the big scoop on the fine print, here's what these frequently used credit card terms mean.1.Average daily balance -- This is the method by which most credit ... more...

Debt Consolidation Online - 3 Things to Watch Out For
Looking for a debt consolidation service? There are hundreds of companies out there who can help you consolidate your debt into one low-interest monthly payment. However, you need to beware of scammers! Some unsavory folks will simply try to take your money by making promises of debt ... more...

No Money Down - How To Buy Property With Nothing Down
If you have ever watched TV after about 11:30 at night, you've seen people talking about courses on buying real estate with no money down. They show vacation paradises, gorgeous girls, fancy cars, and huge mansions. All of this is promised to you if you buy their course on making a million with ... more...

Real Estate Problem Solver
IntroductionThere are many areas one can invest in. Since I was 15 years old I have looked for the fastest, most effective way to accumulate a lot of wealth, with the least amount of risk. I am now 58. While looking for this road to truth, I spent a lot of time in the school of hard knocks. The ... more...

Credit Card Entrapment - The Secrets are Out
Have you ever wondered why your credit card bill is so high and you can't seem to pay off the balance? Well you are not alone in this. You should be aware of a couple of trick that they use and you probably don't even pay attention to it, but you definitely pay for it and BIG!The next time you open ... more...

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