Primatanya, Other/Just Looking in 08816

If I have a commitment letter from 2 different banks, and decide to go with 1, do I have to pay for fees...

Asked by Primatanya, 08816 Mon Apr 13, 2009

associated with the cost of obtaining a mortgage? Or do you not have to pay for anything until you sign and send in the commitment letter?

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Buyer2009, Home Buyer, New Jersey
Tue Apr 14, 2009
Reveiw the application that you signed. Mine states that no fees are paid unless we close on the property. Others that I have seen required a nominal fee (100-250) if commitment was received but you did not use that bank.
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