"GFE of Closing Only Fees: .ExternalClass .EC_hmmessage P {padding:0px;} .ExternalClass body.EC_hmmessage {font-size:10pt;font-family:Verdana;} 1% orig fee = $1220 Appraisal 450 Cr Report 15 Flood Cert 12 Admin Fee 589 Processing Fee 395 Settle/Closing 400 Doc Prep 50 Title Ins 550 Recording Fee 79 City/Co./Stamps 239 State Tax/stamp 750 Wire Fee 25"    View Post

"Clem, I have signed the papers with this broker and appraisal has been ordered. I can't break the contract with this broker to shop some place for a lower interest rate can I? If I ask the broker how much she will clear from my loan won't she get upset with me? Can I quote what the VA mortgage rate is in hopes of getting a better rate? It's been a long time since I've bought a house, 20 yrs, so I am out of the loop on all the mortgage quotes."    View Post

"I have signed with a mortgage broker as of last Tuesday. The initial mortgage rate quoted was 5.75. My FICO is 825. My husband, co-borrower has a 715 FICO. The purchase price is $162,500 with a loan amount of $122,000. Last Thursday she emailed with a lessor rate of 5.625. We are not paying any points but paying a 1% orig. fee. The GFE totaled $5400? Is 5.625 the best rate I can expect with my FICO? Also I'm thinking closing costs of $5400.00 seems really high. I haven't locked in yet and..."    View Post