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Secrets Your Mortgage Broker Will Not Tell You

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No Closing Costs Are Just A Gimmick

Source: https://americanfinancing.net

Some lenders will advertise “no closing costs” to bring in new customers. Take note that this is just a marketing gimmick. These lenders seem to offer the best deals. However, they still have to make money and will most likely charge higher interest rates on the mortgage. This may certainly be more costly than if you were charged a closing cost. Do your research on the lenders and their reputations. It may take time, but will serve you better by helping you cut on costs. The choice is yours.

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