What are settlement charges?
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