Home Buying in 91402 : Advice

change location

cancel or


Robert Chome…, Real Estate Pro in San Diego, CA
Robert Chomentowski answered:
Is it legal to charge for both a Loan Origination fee at 1% AND Mortgage brokers fee at 1% on an FHA loan?
That does not sound in compliance with FHA rules. Usually there is only a 1% origination fee and then a loan processing and underwriting fee. You can have "discount points" ... more
0 votes Share Flag Mon Sep 14, 2009 Home Buying in 91402
April Tavares, Real Estate Pro in Saratoga, CA
April Tavares answered:
Good Faith Estimate Quote? My Broker gave me a GFE and I am being charged The 1% origination fee of 2,400

I think Rob is correct it is hard to judge without knowing details of your transaction. However, you are well within your right to ask. Ask for a detailed explanation of what the ... more
0 votes Share Flag Wed Aug 12, 2009 Home Buying in 91402
Search Advice


Email me when…

Learn more

Meet the Trulia VIPs
Bas Panch, Agent in 91381
Bas Panch
Brad Korb, Agent in Burbank, CA
Brad Korb
Burbank, CA
Home > California > Los Angeles County > Panorama City > 91402 > Home Buying in 91402
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer