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Buying a Home - Are there any cost or fees when applying for a mortgage loan?

Yes. When you turn in your mortgage application, you'll be required to pay a loan application fee to cover the costs of underwriting the loan. 

This fee pays for the home appraisal, a copy of your credit report, and any additional charges that may be necessary. The application fee is generally non-refundable.

>> Learn how a good faith estimate helps in buying a house?  

 

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