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Ask your HomeStart loan officer about our home consolidation loan and start saving money today. I've been told that the lender will pay all third party fees on my cashout.
Is that true. YES and NO. First off, in Texas, this is true only for subprime cash-out deals. Secondly, although the lender is technically paying for all third party fees (title, insurance, reserves, attorney fees, etc) the lender is typically charging your loan 2 discount points (2) to buy down the rate and pay all third party vendors.