What does the bank determine as ‘Genuine Savings’?
What is ‘Genuine Savings’? This is where the lender requires you, the borrower, to demonstrate that you have saved gradually by yourself typically 5% of...Read More
This fee applies when you registers the physical property as the security on a home loan. (Purchase and refinance) This is important because it allows buyers to check if there is any claims on the existing property. The fee is paid when a home loan is established or when it’s discharged. The cost of the mortgage registration fee varies from state to state. Here’s what you can expect to pay:
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