Terms Beginning With 'j'

Junk Fees

  • January 22, 2020
  • Team Kalkine

A term common to mortgage closing documents, junk fees refer to charges that a lender imposes once the mortgage is closed. In most cases, this is not expected by the borrower which lead to junk fees being looked upon as excessive. However, junk fees are not necessarily illegal.

x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK