we're about to close on our first house. In the first loan estimate, we were OK with our bank's first origination fee. Then, the loan had to be altered slightly. When we got the revised loan estimate sheet, the bank had TRIPLED the origination fee, resulting in the origination costs going more than $1000. Some Googling told us that origination fees are largely based on credit and our credit has always been excellent and has not changed in the past few months.
Is it normal for an origination fee to change midstream? Are we being bamboozled?
Submitted January 19, 2017 at 05:09PM by murder_kitty http://ift.tt/2jdH5jI