Are any of you from CA?

Need to know what the loan type is and other info.

Really Susan, Brokers and Bankers charge origination fees. Interest rates will either cost discount points or provide you a credit. In all cases you should, as any consumer should do, gather competitive imformation from another broker or Banker. Simply asking a question that lacks details on this board where professionals will ask you about the totality of your situation will only get you half of the answer unless you fill out another complete application and provide that professional with all of the requested paperwork. Find a professional maybe even one on the board, fill out an application and determine who fits your needs best.

Not to sound too critical, but you broker has disclosed his fee to you since day one.. Now you're about to close and all of a sudden you want to negotiate?? Really... if you don't like the deal, you can cancel and start over.. But based on your question, your already at closing.. Which means he's worked on your file for a minimum of 30 to 45 days... and in the final hour, your questioning his fee's.. You should have shopped before you committed to using his services and before he put all this work into your file.. Ethics today.. Disgusting.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

My suggestion is that you let him make his money, he disclosed that to you up front so this can't be a suprise. Ridiculous if you reneg because you don't like how much he's making.

Is it an FHA Loan, or conventional? If it's FHA then the 1.75% is the UFMIP which is an FHA fee, and not a broker fee. If not, then you may request a deduction, or shop around tobe certain the pricing is fair.

Hello Susan;We are in Orange county / CA! it is very difficult for me to know your situation without looking at the good faith estimate (GFE) and the truth & lending form associated with that GFE you have got from your broker! If you would like I will be more than happy to look at them! You can email them directly to me: skavandi@americanselectfunding.com , best Shab

Hello Susan,More detail is needed to access your unique circumstances my office is actually in Valenica, CA (just north of Magic Mountain) and I wouldnt mind sitting down with you and discussing several options. Contact me at: laron.mcclelland@carringtonms.com