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Product fee
jurgen19
Posts: 82 Forumite
Hi anyone answer a quick question? If I add the product fee to my mortgage instead of paying up front will this deducted from the amount I can borrow or will this be added as extra.
thanks
thanks
0
Comments
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That depends on the lender and maybe in the current climate the LTV.
Say your looking at a LTV of 95% and want to add the product fee onto the mortgage debt the Computer may say NO.
If however it's 75%LTV then most lenders will allow you to add on the product fee to the mortgage debt.
To check why not speak to the mortgage company1 -
I will do, thanks for the reply0
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