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The LCEF Rostered Church Worker Loan Program exists to assist qualified participants, therefore fees are kept to a minimum wherever possible. However, standard fees associated with, but not limited to, securing a home mortgage are applicable, including: loan origination fee, credit report, title insurance premium, appraisal, title company closing fees, transfer taxes (if applicable), attorney fees (if applicable), and a two-month escrow reserve for taxes and insurance.
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What fees are charged to the borrower for residential loans?
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