Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Credit Credit November 9, 2021 A lender may reduce the actual amount of the closing costs by a credit in order to offer more competitive fees.You Might Also Like: Everyday Money8 Ways to Save Money on Gas Everyday Money5 Ways to Boost Your Financial Health (Amidst COVID-19) Family MattersPreparing Financially for a Baby Everyday MoneyBudget Friendly Ideas for Thanksgiving Everyday MoneySenior Discounts and Savings
