Comments on: Low Cost Mortgages from Bank of America and ING Direct http://www.moneycrashers.com/low-cost-mortgages-from-bank-of-america-and-ing-direct/ Personal Finance Blog, Your Guide to Financial Fitness Thu, 09 Feb 2012 21:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: erik.folgatehttp://www.moneycrashers.com/low-cost-mortgages-from-bank-of-america-and-ing-direct/#comment-4897 erik.folgate Tue, 05 Jun 2007 02:04:32 +0000 http://www.moneycrashers.com/low-cost-mortgages-from-bank-of-america-and-ing-direct/#comment-4897 Hey TS, Thanks for the tip. I should have known that the $895 did not include EVERYTHING. ING should not advertise it that way. It's pretty misleading to me. Hey TS,

Thanks for the tip. I should have known that the $895 did not include EVERYTHING. ING should not advertise it that way. It’s pretty misleading to me.

]]> By: T Shttp://www.moneycrashers.com/low-cost-mortgages-from-bank-of-america-and-ing-direct/#comment-4893 T S Sun, 03 Jun 2007 15:54:22 +0000 http://www.moneycrashers.com/low-cost-mortgages-from-bank-of-america-and-ing-direct/#comment-4893 We are shopping for a mortgage and were interested in the ING 5/1 arm at only 5.5%. The $895 closing costs are deceiving, however. This $895 only includes part of the closing costs (i.e. it doesn't inlclude title insurance, recording fees, etc etc etc). Beware ... expect your closing costs to be closer to $3000 and this doesn't include prepaids such as interest, insurance, etc We are shopping for a mortgage and were interested in the ING 5/1 arm at only 5.5%. The $895 closing costs are deceiving, however. This $895 only includes part of the closing costs (i.e. it doesn’t inlclude title insurance, recording fees, etc etc etc). Beware … expect your closing costs to be closer to $3000 and this doesn’t include prepaids such as interest, insurance, etc

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