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Updated almost 6 years ago,
Are these Extremely High Origination Costs?
Hello All.
I am refinancing a 3 unit investment home with Fannie Mae Guidelines. 70% LTV cash out. Lender is a small brick and mortar bank in the North East.
My lenders origination costs are 2.5% not including discount points.
This equates to over 10k in origination costs alone. Is this typical for this loan type?