@Kourtni Young I forgot to tag you for my previous comment.

Feel free to tag me if you have any other questions. 

You can easily ask a lender to show you some numbers on it, without even checking your credit, to see if it's worth it or not.Feel free to tag me with any other questions. 

:Originally posted by @Varun Parkash:On further research of my old documents with Wells, i found out thatCurrently, i am being charged $1300 (rate lock extension)+492 (appraisal)+3024 (loan origination charges) +1234 (more rate lock extension) = $6050 to get 3.875 rate on a small loan of 245K - which is outrageous.  492 appraisal is ok and ignore the rate lock extension pricing. if you closed early then you wouldnt have those charges.so its really on loan origination fees of 3k , its a bit high. 2500 on rate lock extensions, wonder if you just got a new rate how much would the monthly payment diff would have been. if it was say 50$ pm, you paid 50 months worth of the rate diff to get lower rate Here's the actual breakdown:Currently, i am being charged $1300 (rate lock)+492 (appraisal) + processing ($1095) +3024 (loan origination charges) +1234 (more rate lock extension) = $7145 to get 3.875 rate on a small loan of 245K - which is an outrageous price.Even if i take out appraisal - it is still a $6653 price tag. 

Feel free to tag me with any other questions. 

Feel free to tag me with any other questions. 

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Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.