At Coastal Mortgage, we understand that. And we want you to have all the facts and figures to compare our products and services to any other lender. If you compare, you will see that Coastal Mortgage has the most competitive rate and fee structure. We will examine and explain each of the four categories below. First, let s look at Origination Fees and Discount Points.
Any percentages listed on our rate sheet are for discount fees or points.
Now, let s look at Coastal s fees. This fee is inclusive of all lender fees that Coastal charges. There are no hidden fees such as funding fees, underwriting fees, document preparation fees, loan submission fees, wire fees, lock-in fees, etc. Regardless of how a lender labels their fees, fees between lenders can be compared to determine how their rates and their fees stack up to each other. Preparing a lender comparison chart will make the comparison process easier.