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Поточна версія на 21:37, 30 жовтня 2015

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The buy-down fee is requested when lenders offer a lower interest rate on the loan. It is typically paid in closing period, although may perhaps possibly also be paid as soon as you are applying or however lock your rate with a commitment terms. This is also known as collecting stuff. Because of the newfound discount, lenders are compelled to scramble in discounting a percentage of mortgage amount and charge a fee that reflects their loss utilizing buy-down.



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