Frequently Asked Questions

Why Are You Selling Information That My Broker Doesn't Want Me To Know?

We are current and former mortgage brokers ourselves, and we think that the public deserves to be 100% informed about closing costs and all fees associated with their mortgage. We don't want to take away the honest living of good brokers, but we do want to help people from getting taken advantage of by those brokers and lenders that will gouge them with outrageous closing costs. Furthermore we believe everyone has the right to now how their interest rate is set by their broker or lender.

How Much Can I Really Save By Getting Your Guide?

The results can vary depending on what the loan amount is. However, people have reported saving anywhere from $200 to over a $1000 just in their closing costs alone. Several people have been able to negotiate a better interest rate which will save them tens of thousands over the life of the loan.

Why Do You Guarantee That I Can Save Money Or Get My Money Back With Your Guide?

We are 100% confident that you will save money by using our guide or consulation services. We are so confident with our guide and services that if it doesn't work for you...we will give you your money back.

Why Would I Need A Mortgage Consultant?

You don't necessarily need one. However, keep in mind that your broker has his/her best interest's at heart when it comes to your loan. By using a mortgage consultant, you have an unbiased third party, to look over all of your paper work and make sure you are getting the best deal possible. If you opt for our "Premium Consultation" service we will even negotiate directly with your current broker or lender. Remember all these services guarantee you will save money or we will refund your purchase 100%

What Are Closing Costs?

Closing costs are the sum of all the fees that are including in your loan. These can include appraisal fees, title charges, broker fees, and many more. Here is a list of typical closing costs you can expect to be charged. Get our guide to learn about all of them so you know how to reduce your overall costs.

How Can I Find Out What My Closing Costs Are?

If you have yet to sign the final paperwork. You can find all the information about your closing costs on the Good Faith Estimate (GFE). If you are thinking about getting a loan or refinancing you need to always make sure you get a copy of the Good Faith Estimate so you have something to reference. If you have already closed your loan and you want to go back to look at the costs, you need to look at the HUD settlement statement. This is usually the document at the top of your final loan folder.

Are Mortgage Loan Closing Costs Tax Deductible?

We get asked this alot - so we wrote this article:

Are Mortgage Loan Closing Costs Tax Deductible?

There is one type of closing costs that is typically tax deductible ...

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