Junk fees are amounts of money that are charged by a mortgage lender in addition to other published fees when closing a mortgage. Many times, lenders will try to add in junk fees in order to make more profit on a mortgage. Once the individual is at the closing table, he or she will usually not walk away from a deal, and the mortgage company knows this. Because of this, mortgage companies will often charge jump fees such as underwriting fees, messenger fees and settlement fees. The borrower generally does not know about these fees until ready to close on the house.

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