Don't lenders fees have to be listed on a GFE??

yes they are, the lenders fee is only in one section and the other areas are 3rd party fees most of which have a tolerance of 10% if youd like a 2nd opnion id be happy to review and compare the fees you have beed disclosed

All lender fees should be on the GFE. if you are now required to pay things that weren't disclosed, you definitely have a grievance and possible more. reach out to a manager and compare the GFE you were given to the fees they are now charging you.

Ask for a 'fees worksheet'. The GFE compiles fees from the bank, escrow, title, etc. Its confusing to say the least. In any event, our branch will guarantee the lowest priced mortgage.

I can relate to your concern, your thoughts are correct in thinking it is not a minor concern. Was your escrow disclosed to you on your GFE and was your title work? I find that many mortgage officers don't give you the "full" answer when it comes to your "closing costs". Technically your escrow is not a Fee but the reality is you still need to bring it to the closing table. If you have some questions you want specific answers to without being bothered to do an application i would be happy to help.

Yes all fees should be listed on the GFE, however I know there are some loan officers who leave off the escrows (taxes and Insurance) when they give a quote. I would compare the original with what you are being provided now and ask for an explanation from the loan officer. If it is escrows that is something that has to be taken care of no matter what. If the explanation does not make sense ask to speak to a manager. It's your money so you should be fully aware of what your expected to come to closing with. Best wishes, Sean

This is a good time to reiterate the fact that who you choose to handle your largest financial transaction is a lot more important than some guy with a low quote off the internet. NO LEGITIMATE LENDER of any kind would have you asking this type of question today. It would never be an issue. Everything would 100% have been property and fully disclosed up front as require by law. www.SaintPaulMortgageBroker.com

Absolutely.. in fact.. the laws state that each section has certain tolerances.. for example.. all "Adjusted Origination Charges" have ZERO tolerance.. What ever was quoted, it has to be that or less, all Title fees can have a 10% tolerance, and other fees that were not disclosed are not subject to any tolerance.. Your lender should have provided you with a GFE within 3 days of applying and selecting a property.. if you compare your original GFE with the one they are now providing, and if it's really off by $3000, you can force their hand by reverting back to the original GFE.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

I would have to see the GFE that you received and also see what is happening now in order to advise you of what your rights are. But, in general, lender fees other than discount points paid at market for an interest rate are not allowed to be added on to your closing costs if not disclosed initially. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Yes they do. If you think you are paying for items not disclosed, take all of your paperwork to a different lender you trust and have him or her review it. If you are using a Realtor, I'm sure they can find someone that would do it for them. It is likely that the GFE properly disclosed per Federal guidelines as it should have. The problem however, is that the GFE discloses charges, but does not show who is paying them and how much you are expected to bring to closing.

Don't sign. They are not reputable if they do not place their best foot forward.

You should have received a GFE within 3 days of submitting a loan application if you weren't denied for income/credit reasons within those 3 days. If your lender did not disclosure a GFE, then you can file a complaint about the company with its regulatory agency. I would send a copy of the complaint to all parties involved in the transaction: Realtors, and if any, escrow, title and any where else that may have referred this broker to you. This will put all parties on notice. If you can include these items, please do so - copy of initial upfront good faith estimate, Truth-in-Lending statement and any correspondence you may have between you and the lender. Also, include any new and/or final Truth-in-Lending statement showing the increase in fees. Request an immediate refund of any fees not shown on the GFE and set a deadline for payment. If you don't receive anything (response/payment), start action in Small Claims Court.If you haven't closed on the loan yet, you have two options. 1. I would argue any additional fees. 2. Find a new lender/mortgage broker.A GFE's purpose is to provide an estimate of final closing costs. Some items can vary but should be within a close range of what was disclosed. Best of Luck!!

All lender fees are to be disclosed and can't change. What can change are third party charges like title and insurance because those are not charged by the lender. Also, the other thing that can change is a bonafide discount on a rate you choose to lock in at...that is the only problem with the current set up of the rules. A lender still can flat out lie and tell you that a certain rate comes at no points but can tack on a "bonafide" discount point to truly get that rate as long as it is 3 days before closing. Sorry but it sounds like this may be the situation. Rule of thumb is only work with someone you trust rather than shop for the LOWEST rate because at the end of the day...do a google search for lowest rate mortgage and you will see that more than 49 million results show up...do you really think that 49 million people have the "lowest" rate? No, it's just what people search for so it is what people that can't offer service or a benefit to working with them "advertise"!

RUN!!!! All mortgage lenders are required to list all fees. Jesse StroupMortgage Professional | Mortgage Man Twitter: @jessestroup

Yes - definitely Dave Skow | Loan OfficerMovement Mortgage NMLS 278613Dave.skow@movement.comMobile (206) 714-9745