Hi Eric H. I am a Realtor that has had a lot of exsperience working with Buckhead Home Loans and especially with there Executive branch of there office. I have had nothing but good exsperiences with them with over 12 closings this year alone. All of my clients would be willing to speak on there behalf on a JOB WELL DONE. That is right not one of my clients were dissatified with there performance. I think that there must be some kind of misunderstanding or at least more to your story.

Sounds like a crock to me. The best place to get a loan right now is either sun trust, or a credit union (u need to be a member) if you cant get one there try Ag-South. I wouldnt trust too many other places. If you are looking to get into something for the best prices on the market talk to me. i can find you a home you can probably buy using nothing but cash. if not I can find you something with a monthly payment below $500.

Those fees look very high for that price home. I can do a GFE for you quickly for you to compare rates and costs. I have been in the mortgage business for over 25 years. I am with Pine State Mortgage in Atlanta.

How much are you planning to put down? Are you getting a conventional loan or a FHA?

Call Sally W. Hamby
404 644 7696

I am not familiar with them. Our preferred lender is the Pete Peters Team with SunTrust Mortgage. If you would like to contact Pete Peters, Carissa Henderson or Britt Mask the office number is (770) 918-2610. You can shop them for a comparison.

HI Eric
That sounds way too high for a $120K home. Check around. Gus Nassif at Insurian Mortgage is great. He's a financial advisor/mortgage broker, & he can shop different lender' rates & fees for you. He can be reached at 404-642-2360 -cell or 770-232-0677 (9-5) grnassif@insurian.com http://www.insurian.com

Good luck!
Roxanne

Eric,

I've never done a transaction using their services. But if you're being asked to bring $7,200 to closing on a $120K transaction, more research is definitely in order. I've assembled a blog of information that may be of interest to you. Specifically, it covers a number of programs available at direct lenders that require very little money of you at closing. You owe it to yourself to look over the fliers to the left of the screen . Please check back often because I'm in the process of adding another which should be up on tomorrow.

Thanks
Solomon Greene
REALTOR® / Consultant - Keller Williams Realty Atlanta Partners

Have you shopped with other lenders to compare expenses?

Hank

Eric,

I have not dealt with them but that sounds high. I would expect the closing cost to be around $3600. On top of that you would have to pay the prepaid and interim interest. You can get the interim interest to zero just by picking the right day of the month to close. You can also get loans where you don't pay the closing costs out of pocket. It requires you to take a little higher interest rate and over 30 years you will pay more for the money but it could be a solution to cash required to close.

Let me know if you would like a name and number of a lender who could help.

email me at steve@hometeamadvisors.com

My company if not a lender nor is it affiliated with any lender. I have no interest in your refinance so I have no hidden agenda. We are a real estate services company dealing exclusively with homebuyers.

Difficult to state a person would need to review the GFE determine what is list for costs.
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