The reason is that what contractors might charge to remove the current flooring, especially in cases of tile and hardwood, can vary wildly. Installation costs can vary just as much, so we would recommend contacting 2-3 contractors and asking how much they charge per square foot for removal and installation of flooring.
Multiply the amount of your loan times the total number of points as a percentage. Using figures from the above steps, the three points bought with a $400,000 mortgage would cost $12,000: $400,000 x 0.03 = $12,000.
The average pay for a Mortgage Loan Processor is $39,246 per year. Most people move on to other jobs if they have more than 20 years' experience in this field.he average pay for a Mortgage Loan Processor is $39,246 per year. Most people move on to other jobs if they have more than 20 years' experience in this field.