What are settlement charges?

Asked by Thomas Terry

1 Answer

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Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hi Thomas:

Settlement charges are going to be the fees that you pay at closing for the cost of purchasing (or refinancing) a home. There will be charges from the lender, the settlement company, and there are usually recordation taxes paid as well to the county / state. I hope this helps and if you have any additional questions, let me know. I am a licensed mortgage originator in the state of PA and our company is licensed in 46 states. Good luck. | 03.25.14 @ 13:09
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$commenter.renderDisplayableName() — {comment} | 12.06.16 @ 14:22
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