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Hutchinson, KS News

Hutchinson News
Local news for Hutchinson, KS continually updated from thousands of sources on the web.
  • Armenian Bar, Trayvon Details, Virginia, Mary Kennedy

    Underwear designer Andrew Christian has a potentially NSFW video to sell his wares, though I guarantee you'll be looking at more than just undies.

  • New Charges Against Hutchinson Homicide Suspect

    A judge on Tuesday granted a request by the Reno County district attorney to file a new charge of aggravated intimidation against Charles Christopher Logsdon.

  • New charges against Hutchinson homicide suspect

    HUTCHINSON, Kan. - Prosecutors have added another charge against a 32-year-old man accused of killing a Hutchinson woman in June 2011.

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  • Taft-signed bill raises pensions for US soldiers

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Hutchinson Real Estate
Office: 800-339-8841
Cell: 800-339-8841
such thing as a no-cost or no-fee loan? PDF Print E-mail

Is there such a thing as a no-cost or no-fee loan?

Not really.
While some lenders occassionally promote "no-cost" loans, banking regulators have cracked down on these misrepresentations.
Advertised "no-fee" loans may actually cost the borrower more over the long term because these costs are often rolled into the new note through higher interest or more principal.
A typical no-fee loan is one where the points charged and all fees are included in the loan principal, meaning that the borrower does not pay these expenses at the close of escrow, but instead ends up paying on them over the life of the loan. The loan is called a no-feeloan because the borrower is not charged any fees up front.
Questions about Hutchinson Kansas Real Estate?

Ask us below or Call us Now at 800-339-8841
Last Updated ( Tuesday, 29 July 2008 )
 
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