This fee pays the person arranging your new loan, the loan officer. Average closing costs vary here, because this fee most often equals one point, but can be higher. This is usually how your loan officer is paid. A point in mortgage lending equals 1% of the total amount of money you are borrowing (not paying). So, if you need to actually borrow $200,000, one point equals $2,000.
Fremont, California. For the unincorporated community in Yolo County, California, see Fremont, Yolo County, California. Fremont (/ËfriËmÉnt/ FREE-mont) is a city in Alameda County, California, United States. It was incorporated on January 23, 1956, from the merger of five smaller communities: Centerville, Niles, Irvington, Mission San Jose, and Warm Springs. The city is named after American explorer John Charles FrÃ©mont.
So the Spanish decided to move the Mission further south to what is now present-day Fremont, California. Work on the site of Mission San Jose commenced in May 1797 by Indian people from Mission Santa Clara, 13 miles to the south, under direction of Franciscan missionaries and secular Hispanic overseers.