8 Tips On Real Estate Closing Costs

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Tip #7 – Do Not Be Shy To Ask Your Loan Officer To Waive Fees

8 Tips On Real Estate Closing Costs

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This will bring the total to $2400. Your loan officer will earn about half the amount. If your loan officer has agreed to pay the appraisal cost and not charge the $300 processing fee then the $600 will be taken from their commission check.

Since you’ve made it this far, you can ask for the loan officer to also deduct the cost for underwriting and inspection costs which could lower the commission to $200 rather than $1200. It isn’t possible for a loan officer to work like this, or if they can it won’t be for long.

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