What to do about loan??? (w/ 755 credit score)

First off, you are the consumer. Until you sign the loan docs, you can change lenders, withdraw, cancel, etc. By LAW you are required to get initial disclosures within 3 days of your application, including the required good faith estimate GFE. Contact your loan officer and tell her you are reporting her for violating RESPA real estate settlment procedures act, and that you will report her to the DRE. The bank that ownes the home, will "ask" you to get approved with them, but again, if you are forced to work with them, that is "steering" and also a huge violation. You are able to work with who you trust. So far I would not trust any of them. Most builders will ask you to get pre-approved with the builders lender, but it is your choice who you want to do the loan. Do not lock your rate until you know that you are moving forward and you feel the rate is the best you can get. All loans get sold to the same places and are all close in rates, fees. It really boils down to service.

I have experience with clients purchasing REO's. What I have seen is that the bank wants you preapproved with them, but it has not been an issue that a different lender closed the loan. I think they want to know you are qualified. If you go elsewhere so be it, but I think it helps them in their decision making process to know for themselves you are qualified. Of course they want your business, but you can choose whomever you wish to work with. I have not seen that as a deciding factor in the bank's approval.I think rates and fees are important as well, but I feel that an experienced loan officer that has a professional operations team can really make your life easier in terms of the loan moving through the process efficiently. More experienced loan officers typically do not work for the large banks and therefore may not have the lowest fees in town. But, then again, this is an important transaction. Do you want a warm body or an experienced loan officer helping you?

Hello, It's not she does not want to give you the GFE (good faith estimate) by the new rules of mortgage lending if she gives you a rate she has to guarantee for a period of time, also that goes for the GFE as well. Try calling her again and give her exact numbers to the transaction. After than I think she would be a little more helpful. If not feel free to contract me to see how we can help you.