The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 19, 2013
Filed:
Apr. 05, 2010
Charlotte F. Baker, Lexington, SC (US);
Gregory Carl Ogden, Charlotte, NC (US);
Michael J. Kelly, Minneapolis, MN (US);
Nicholas Koutouras, Studio City, CA (US);
Courtnie R. Kingsley, Augusta, KS (US);
Dwight Guerry Wimberly, Athens, GA (US);
Andrew H. Burk, Penryn, CA (US);
Loren B. Carpenter, Grapevine, TX (US);
Shanna L. Austin, Chester, VA (US);
Charlotte F. Baker, Lexington, SC (US);
Gregory Carl Ogden, Charlotte, NC (US);
Michael J. Kelly, Minneapolis, MN (US);
Nicholas Koutouras, Studio City, CA (US);
Courtnie R. Kingsley, Augusta, KS (US);
Dwight Guerry Wimberly, Athens, GA (US);
Andrew H. Burk, Penryn, CA (US);
Loren B. Carpenter, Grapevine, TX (US);
Shanna L. Austin, Chester, VA (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Described herein are various apparatuses, methods, and computer program products for providing a mortgage environment that determines a flat fee for a mortgage that includes all lender and third-party fees associated with the mortgage. By providing a mortgage with a flat fee, the process of a borrower obtaining a mortgage from a lender can be easier because the borrower's worries about multiple fees, charges, and other costs can be combined into a single, flat fee. Some embodiments of the invention determine the flat fee based at least partially on analysis of various loan characteristics.