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13 June, 22:14

What is the term given to mortgage loan costs such as pest inspections, survey fees, and title insurance?

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  1. 13 June, 22:18
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    Services the borrower did shop for, that the buyer may find on his own.

    Explanation:

    Services such as a pest inspection or title insurance are services that the buyer of a house usually want, but are not mandatory for them to purchase. Therefore usually buyers must search for them on their own since they are not required by a bank.

    They are different than services that a lender requires like home insurance, which a buyer must purchase.
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