Yes, Chase actually is in violation of the Mortgage Disclosure Improvement Act or MDIA.
1) A creditor must mail or deliver good faith estimates of the TILA disclosures for all dwelling-secured mortgage loans subject to the Real Estate Settlement Procedures Act no later than three business days (general definition) after the day on which the creditor receives a consumerâ€™s application.
2) A creditor may not impose a fee (other than for obtaining a consumerâ€™s credit history) before the consumer receives the early disclosures. If a creditor places early disclosures in the mail, the consumer is deemed to receive them three business days (precise definition) after they are mailed, and the creditor may impose the fee after the end of the third business day. The creditor need not rely on this presumption if the consumer actually received the disclosures earlier.
So you can either cancel your application and threaten Chase for violating the MDIA in attempt to get your money back and start over with a lender that will follow the law or you can continue working with Chase.
Are you sure they locked in your rate? If so, for how long? If you have not gotten the disclosures that John has described below, they are in violation if they collected the money from you, so you have a few questions that need answering here. Have you provided them with the necessary information to process your mortgage application? Have you spoken to the loan officer to ask where the disclosures are? You should definitely get more information from them about costs, although the GFE can have some inflated numbers on it, the important thing is the rate, and the costs that are listed in section A, as well as the cost of the appraisal and any other minor bank fees that are often not listed in A, such as tax service, flood certificate, and credit report. We include those in our box A, but many lenders don't. What is now called the origination charge is what used to be application, underwriting, commitment, doc prep, all sorts of bank fees that used to be itemized differently.
The $450 includes the cost of a Credit Check.
Everyone will have some pre-charges; maybe as little as $50.
They may be guilty of not communicating well with you; but you didn't ask the right questions.
Federal Law is pretty strict on them; but you have to be the watchdog, no one will do it for you.
Yes, they MUST give you a GFE.
You may want to get 1 or 2 more; it will probably be worth it.
We, on Trulia, can probably help with referrals or figures (There are a lot of Mortgage people on Trulia).
Good luck and may God bless