recuring and non recuring cost

0.10 Dollars($)

can you anyone tell me about the difference between non recuring and recuring costs?

Sam

Hi Guest

Welcome to forums.

Non recurring costs are one time costs which are associated with the closing of your loan. It includes taxes and points, appraisal fees etc.

Recurring costs are those which are incurred on a continuous basis during the total process of the loan.

Hope you will find this information useful.

Regards
Sam

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