When the bank have to give an extension to block the intereste on a home loan after 4 months pending closing, that fee is added to the closing costs.?

Asked by Andreyna23, Elizabeth, AR Wed May 11, 2011

As a part of the origination fees? Keeping in mind that the interest is been the same. Or that fee have to be paid in advance?

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Andreyna23, Home Buyer, Elizabeth, AR
Wed May 11, 2011
I want to know if the fee to lock the interest have to be paid in advance? Or added to the closing cost even if is more than 120 days.
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Nelson Jaram…, Mortgage Broker Or Lender, Dunellen, NJ
Wed May 11, 2011
Are you locking for 120 days? You will be charged a much higher rate. If you have that much time go ahead and shop around. http://www.Zillow.com click on the mortgage tab. With no personal info required.
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