Thanks to his estimated $140 million in earnings during 2012, Rosenstein ranks No. 29 on FORBESâ list of Highest-Earning Hedge Fund Managers. Prior to the East Hampton sale, Americaâs most expensive home sale was Copper Beech Farm in Greenwich, Conn., which traded hands for $120 million earlier this year. Before the Copper Beech sale, Softbank billionaire Masayoshi Son held the record, thanks to spending $117.5 million on an estate in Woodside, Calif.
That basic escrow fee should cover what escrow does. But no, Tradewinds also tried to charge us a loan tie-in fee of $200. Now, a loan tie in fee is supposed to be for services rendered tying in two or more loans.
Loan origination fee: This is a big one. Itâs also known as an underwriting fee, administrative fee or processing fee. The loan origination fee is a charge by the lender for evaluating and preparing your mortgage loan. This can cover document preparation, notary fees and the lenderâs attorney fees. Expect to pay about 1% of the amount youâre borrowing (a $300,000 loan, for example, would result in a loan origination fee of $3,000). Points: By paying points, you reduce the interest rate you pay over the life of your loan, which results in more competitive mortgage rates. One point equals 1% of the loan amount.