As we all know, the Family and Medical Leave Act (FMLA) requires covered employers to provide eligible employees with 12 weeks of unpaid leave during a 12-month period. Employers are allowed to define the 12-month period any way they wish â much like they are entitled to define the seven-day period that comprises a workweek [â¦]
In addition to this processing fee lenders also charge a fee to fax the payoff letter to you. Once again the fee can range from $5 to $60. Once you payoff your loan, the release of the mortgage must be filed.
No cost refinance: 6.5% mortgage rate, NO fees. Standard refinance: 6% mortgage rate, $7,500 in fees. Imagine youâre able to qualify for a mortgage at an interest rate of 6% on a $500,000 loan, paying a point to the lender and another $2,500 in closing costs, totaling $7,500. While this may seem like a large upfront cost, the trade-off should be a lower interest rate.