Hello,
If you look at the Good Faith Estimate that they gave you, there are items at the top as well as days of interest about mid way down that have a check by them. Anything, with a check is added to the loan amount and avereaged 365 days per year at 30 years (assumming it is a 30 yr mtg). This average is the APR.

I am a Mortgage Company in Hernando. Let me know if I can help you out.

We can also help to clear some things on credit as well if you have any issues there.

Any home (except Manufactured under 1 year old) qualifies for 100% financing.
I have my customers come to closing with out a penny AND they get their Good Faith Deposit, Appraisal, & whatever they pay out of pocket back at closing. We also can close in about 3 weeks.

Give me a call if you need some help or just some questions.

Chris Suarez
352-754-6191
813-477-5444
available after hours and weekends

Yes, the APR does include closing costs. It's basically the "all-inclusive" interest rate of your loan.

The APR will always be higher than your basic interest rate because it includes the other costs involved with the loan including origination fees and discount points and calculates them as a yearly percentage of the loan amount.

I hope this was helpful - and if there's anything else I can do, please don't hesitate to contact me at http://www.HernandoLuxuryHomes.com - I'm happy to help!

Thanks,

-Josh