Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 14 years ago,

User Stats

1,493
Posts
268
Votes
George P.
  • Real Estate Investor
  • Baltimore, MD
268
Votes |
1,493
Posts

Is it high? (Good Faith Estimate - lender's charges)

George P.
  • Real Estate Investor
  • Baltimore, MD
Posted

It appeared to be unreasonably high but I wanted to check with the group.
On Good faith estimate the loan originator stated the following figures to be charged by him/his bank (in addition to credit report fee):
1. Application Fee $495
2. Underwriting fee $795
3. Document review fee $225

Other details: Local MD lender, primary residence, no origination points 20% down, conventional financing.

Will someone please chime in and shed light on these charges?
Thank you!!!

Loading replies...