Avoid These Sneaky Mortgage Fees
By Danny & Kayla Tyroch, Your Local Loan Officers
When you’re shopping for a mortgage, the interest rate usually gets all the attention, but that number doesn’t tell the whole story. The real cost of your loan often hides in the fine print, buried in fees that can quietly inflate your total cost.
Common examples include:
Underwriting or processing fees – charged for reviewing and finalizing your loan.
Administrative or application fees – sometimes added without clear explanation.
Rate lock or discount point fees – occasionally presented in confusing ways.
Some lenders promote an attractive low rate upfront, only to tack on additional charges later in the process. That’s why it’s important to look past the rate and review your Loan Estimate line by line before signing anything.
When comparing lenders, take time to:
Request a detailed list of all fees before committing.
Compare Loan Estimates side by side.
Ask questions until you fully understand each charge.
Transparency protects you from surprise costs and helps ensure you’re comparing apples to apples when evaluating lenders.
If you ever feel uncertain about what you’re seeing or just want a second opinion, talk with a local, trusted loan officer who’s willing to explain every detail clearly.
đź“ž Danny & Kayla Tyroch | Your Local Loan Experts
At Tyroch Lending, we take pride in walking our clients through every number. No hidden fees, no surprises, just straightforward guidance from neighbors who care.
Helping our community finance their dreams, one home at a time.