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Updated almost 6 years ago,

User Stats

65
Posts
11
Votes
Michelle DeWoskin
  • Developer
  • Chicago, IL
11
Votes |
65
Posts

HM lender & broker EACH charged me, points and lender fees (?)

Michelle DeWoskin
  • Developer
  • Chicago, IL
Posted

Would SO appreciate feedback -

The mortgage broker states all along the way: the fees consist of his points, appraisal, inspection, closing fees - other than the interest rate and LTV etc.

The night before the closing he mentions the lender's fee ALSO, only the morning of the closing is full quote provided with a higher than previously quoted int rate, AND $8500 lender fee AND broker's 2.5 points - none of this disclosed.  I was stuck, I had to close or I'd lose the property. 

I'd appreciate any and all thoughts/feedback - other than 'Michelle you idiot' :(  

Thanks!

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