Originally posted by @Morgan McRae:I found this discussion very helpful.

These can be further broken down into lender closing costs and third party closing costs.Thelender closing costs can include underwriting fee, processing fee, funding fee, origination fee, credit report fee, and tax service fee among others.

Originally posted by @Frank Vanegas:Hello Everyone, I am a first time Home Buyer/ Investor looking to purchase a home in the Orlando Area.

Where in New Jersey are you originally from?

But I did the install myself, not everyone wants to or can, do this.But in answer to your original question.....it is a solid NO.

My understanding is that the buyer assuming the loan has to meet the same credit/underwriting criteria as the original borrower, but this is not my area of expertise - lenders are typically not involved in assumptions.

Originally posted by @Richard Ladenberg:Thanks for the reply Will.

Originally posted by @Steve K.

When I go to my credit union for a commercial loan there is no junk fees, no origination fee or maybe a half point origination and a better rate.

Originally posted by @Ray Hernandez:@Will Barnard Thank you for your honest advice!