Home › Forums › Housing › 530K is accepted for 2300 SFT home in 4s ranch. › I got fee details from BOFA.
I got fee details from BOFA. Loan officer was actually able to lock in at a little bit of a lower rate.
Balloon Product – 1st / 2nd No Initial Interest Rate – 1st / 2nd 4.500 % Index – 1st N/A Margin – 1st N/A Actual Market Rate Today – 1st 4.500 % Qualifying Interest Rate – 1st / 2nd 4.500 % Maximum 1st Rate Increase/Frequency N/A Lifetime Maximum Cap – 1st Annual Percentage Rate – 1st / 2nd 4.548 % Origination Points – 1st 0.000 % Discount Points – 1st / 2nd 0.000 % Total Points – 1st / 2nd 0.000 %
Origination Fee $0.00 Discount Fee – 1st / 2nd $0.00 Appraisal Fee $0.00 Credit Report Fee $0.00 Tax Service Fee $0.00 Application Fee $450.00 Processing/Commitment Fee $0.00 Flood Certification $0.00 Buydown Subsidy $0.00 Other Lender’s Fees/Broker Fee $850.00 Total Lender’s Fees $1,300.00 ($450.00 + $850.00)
All other fee will be known at the time closing.
